• Open

    Are Fundrise's eREITs Right for You?
    Here's what to keep in mind when considering investing in Fundrise's eREITs.  ( 25 min )
    Special Tax Breaks for Members of the Military
    Learn to take advantage of special tax breaks for military members so you can make the most of your money and your benefits.  ( 24 min )
    Is Bitcoin Mining Profitable?
    Changes in technology and the creation of professional mining centers have affected profitability for individual bitcoin miners.  ( 26 min )
    Shares of Boeing Supplier Spirit AeroSystems Slump as It Seeks to Raise Cash
    Spirit AeroSystems shares tumbled after the Boeing supplier announced measures to raise cash following a series of production issues that delayed aircraft deliveries.  ( 17 min )
    Lucid Shares Skid After Revenue Miss, Lower Production Guidance
    Shares of electric vehicle maker Lucid Motors fell roughly 10% on Wednesday, a day after the company reported less-than-impressive third-quarter results and cut its production guidance for the year.  ( 18 min )
    What Is Equity Risk Premium, and How Do You Calculate It?
    An equity risk premium is an excess return that investing in the stock market provides over a risk-free rate.  ( 25 min )
    Accounts Receivable Aging: Definition, Calculation, and Benefits
    Accounts receivable aging is a report categorizing a company's accounts receivable according to the length of time an invoice has been outstanding. Learn how it's used.  ( 25 min )
    September Wholesale Inventories Rise on Auto Parts Gain
    Wholesale inventories rose in September 2023 by 0.2%, helped by a 2.9% jump in auto parts inventory as the autoworkers’ strike may have impacted supplies.  ( 17 min )
    Native Americans and Taxes: How it Works
    Taxes for Native Americans are slightly different from those for other U.S. citizens. While they pay federal income tax, there are exemptions for some forms of income, and tribes set their own sales taxes.  ( 23 min )
    Tax-Efficient Investing: A Beginner's Guide
    Tax-efficient investing can minimize your tax burden and maximize your returns. Find out why tax-efficient investing is important and how it can save you money.  ( 27 min )
    Is There a Cryptocurrency Price Correlation to Equity Markets?
    Is there a cryptocurrency price correlation with the equity markets? We investigate.  ( 25 min )
    S&P BSE Sensex Index Definition: What It Means for the Bombay Stock Exchange
    Sensex is an abbreviation of the Sensitive Index, India's stock index. Its components trade on the BSE, formerly known as the Bombay Stock Exchange.  ( 25 min )
    A Quick Guide to How the FAFSA Works
    How the FAFSA helps students get federal and state financial aid, including grants, loans, and even scholarships.  ( 28 min )
    6 Steps to Becoming a Millionaire
    It's easy for some people to become millionaires. But what if you don't have a high-paying job or family money? You still can make it.  ( 30 min )
    Markets Edge Lower at Midday With Speeches by Fed Officials in Focus
    U.S. equities edged lower at midday on Wednesday, Nov. 8, 2023, ahead of more comments from Fed officials that could offer clues on the future of interest rates.  ( 18 min )
    Free-Float Methodology and How to Calculate Market Capitalization
    A free-float methodology is a system by which the market capitalization of an index's companies is determined.  ( 24 min )
    Warner Bros. Discovery Shares Tumble as Its TV Ad Sales and Streaming Subscribers Decline
    Warner Bros. Discovery shares cratered as the owner of cable networks, streaming services, and a movie studio reported TV revenue and streaming subscribers declined.  ( 18 min )
    Robinhood Shares Plunge as the Online Brokerage Posts a Drop in Trading Revenue and Users
    Robinhood shares tumbled as the online brokerage missed analysts' estimates and warned about current quarter revenue.  ( 17 min )
    Mortgage Rates Wavering in Lower Range
    Mortgage rates were flat or slightly up Tuesday. After plunging almost a half percentage point last week, 30-year rates have since added back about a tenth of a point.  ( 19 min )
    Video Game Stocks Pop on Nintendo, Roblox News
    Video game makers' shares jumped Wednesday on movie, earnings and game release news from big names in the industry.  ( 17 min )
    As Boomers Slow Down, Will the Economy Follow?
    Though many baby boomers are working past age 65, as they continue to retire the economic effects could be profound for the nation's productivity and social programs.  ( 25 min )
    Avoid Overpaying Taxes on IRA Distributions
    Don’t assume your IRA custodian will track your deductible and nondeductible contributions. Keeping good records helps you avoid double taxation.  ( 26 min )
    Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)
    A Savings Incentive Match Plan for Employees of Small Employers is a type of employer-sponsored tax-deferred retirement account.  ( 23 min )
    Speculators Signal Optimism on U.S. Stocks for First Time Since Mid-2022
    Speculators for the first time since mid-2022 are signaling optimism on U.S. stocks, as futures markets bets favoring S&P 500 gains now outweigh bearish wagers.  ( 19 min )
    Should You Buy a Condo, Townhouse, or House?
    Each type of housing—condominiums, townhouses, and detached houses—has its pros and cons. Consider both your lifestyle and budget before deciding.  ( 25 min )
    Are You Too Old to Open a Roth IRA?
    A Roth IRA might make good financial sense even if you are approaching or in retirement age. Here are some key considerations.  ( 30 min )
    Tax-Sheltered Annuity: What It Means, How It Works
    A tax-sheltered annuity allows an employee to make pretax contributions from his or her income into a retirement plan.  ( 23 min )
    How the Goodyear Credit Card Works: Benefits and Rewards
    Find out about the benefits, features, and interest charges of the Goodyear Credit Card. Learn which customers benefit most and who the competition is.  ( 26 min )
    How the My Best Buy Credit Card Works: Benefits and Rewards
    Best Buy credit card offers promotional financing and cash-back rewards to incentivize higher spending.  ( 25 min )
    Capital Gains vs. Dividend Income: What's the Difference?
    Both capital gains and dividend payments are incomes that must be declared. Selling something for a profit leads to capital gains. A payment made by a corporation to stockholders is a dividend.  ( 23 min )
    Should You Contribute to a Non-Deductible IRA?
    Non-deductible IRAs are particularly attractive for people who are restricted by income limits in how much money they can put away for retirement.  ( 26 min )
    Retirement Contribution: Meaning, Types, Limits
    A retirement contribution is a payment into a retirement plan, either pretax or after-tax.  ( 26 min )
    5 Things to Know Before Markets Open
    Shares of EV truck maker Rivian surged after raising its production forecast for the year, and Amazon is reportedly developing a new artificial intelligence model. Here’s what investors need to know today.  ( 18 min )
    Ex-Dividend Date: Definition, Key Dates, and Example
    The ex-date, or ex-dividend date, is the date on or after which a security is traded without a previously declared dividend or distribution.  ( 23 min )
    Contribution Limits for IRAs, 401(k)s in 2024
    Contribution limits for IRAs, 401(k)s, and other plans can change from year to year due to cost-of-living adjustments. Here are the changes for 2024.  ( 25 min )
    Industry Definition in Business and Investing
    An industry is a classification for a group of companies that are related in terms of their primary business activities. Learn more about how this term is used.  ( 26 min )
    How Are IRA Withdrawals Taxed?
    How IRA withdrawals are taxed depends on the type of account. Tax consequences for traditional IRAs and Roth IRAs are different in significant ways.  ( 25 min )
    Backdoor Roth IRA: Advantages and Tax Implications Explained
    The backdoor Roth IRA strategy allows taxpayers to set up a Roth IRA even if their income exceeds the IRS earnings ceiling for Roth ownership.  ( 26 min )
    Does My Employer’s 401(k) Match Count Toward My Maximum Contribution?
    Employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.  ( 26 min )
  • Open

    CRISPR Therapeutics Stock Earns IBD Stock Rating Upgrade
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    Warner Bros. Discovery Hints at Future Deals; Stock Sinks
    Warner Bros. Discovery Chief Executive David Zaslav said the company is now in a position to spend more on potential acquisitions after paying off billions of dollars of debt. “We could be really opportunistic over the next 12 to 24 months,” Zaslav said on a call with analysts to discuss the compan  ( 24 min )
    Short sellers go after renewable and EV stocks
    A new report shows investors bet against several renewable and EV stocks in October.  ( 35 min )
    The IRS makes tax filing simpler for next year with long-awaited improvements
    The tax agency announced this week a host of improvements to help Americans file their taxes next year.  ( 36 min )
    Bill Gates' Former Assistant Is Now One Of The Richest People In The World And Could Even Surpass Him In Net Worth — But You Probably Have No Idea Who He Is
    Steve Ballmer, once an assistant to Bill Gates at Microsoft, is now ranking just a few spots away from his former boss on the list of the world’s richest people. According to Bloomberg, Ballmer’s net worth soared to $117 billion in October 2023, placing him as the fifth-richest globally, just $5 billion short of Gates’ wealth. Gates has donated a substantial part of his fortune to charity since leaving Microsoft. According to Forbes’ real-time billionaires list on Nov.8, 2023, Steve Ballmer’s ne  ( 35 min )
    Disney set to report earnings as investors focus on ESPN, improved streaming losses
    Disney's fiscal Q4 report marks the first time the media giant is delivering earnings under a new reporting structure that breaks out ESPN's financials.  ( 36 min )
    We Bet You Can't Guess How Many Americans Actually Retire With a Million Bucks
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 37 min )
    Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity?
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    Virgin Galactic to Cut Jobs as Interest Rates Bite. The Stock Is Tumbling.
    Virgin Galactic says it will cut jobs and expenses to focus on producing its lower-cost Delta spaceships.  ( 19 min )
    This CEO Just Bet $1 Million on Herself
    CEO Kate Johnson bought 1 million shares of Lumen Technologies stock last week as it dipped into penny-stock territory.  ( 28 min )
    Roblox Stock Surges 20% On Strong Q3 Earnings; Is RBLX Stock A Buy Right Now?
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    Stock market news today: Stocks tread water after week long rally
    Investors digested corporate earnings as stocks looked to extend their longest stretch of daily gains in about two years.  ( 36 min )
    Axon Shoots Into Buy Zone On Earnings, Touts Generative AI Prototype
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    Virgin Galactic Announces Layoffs as It Changes Focus to Delta Spaceships
    Virgin Galactic says it will cut jobs and expenses to focus on producing its lower-cost Delta spaceships.  ( 19 min )
    Toast Stock Is Dropping. Here’s What Wall Street Thinks.
    No content preview  ( 21 min )
    Kyndryl Stock Leaps After Earnings. Its Turnaround Is Ahead of Schedule.
    The IT infrastructure provider Kyndryl, spun out of IBM two years ago, raised its forecast for full-year 2023 adjusted pretax income.  ( 24 min )
    Teva Closes In On A Buy Point On Third-Quarter Beat, Business Separation
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    Warner Bros. Discovery Stock Falls After Streaming Subscriber Numbers Shrink
    Warner Bros. Discovery said its streaming business swung to a profit but lost subscribers in the third quarter, while a downturn in advertising weighed on its cable-networks unit. Warner Bros. Discovery—whose assets include cable channels such as CNN, TNT, and HBO, the Warner Bros. movie studio and  ( 24 min )
    Fisker Was Supposed to Release Earnings. It Replaced Its Chief Accounting Officer Instead.
    EV start-up Fisker adjusted the timing of its third-quarter earnings release. Investors didn't like that decision. Its stock is tanking.  ( 21 min )
    Cava Stock Jumps After Restuarant Chain Scores Surprise Profit
    The Mediterranean take-out restaurant chain Cava Group said revenue jumped almost 50% from the same period last year. It reported an unexpected profit.  ( 21 min )
    Amazon to Offer Lower-Cost Primary Care to Prime Members in Latest Healthcare Push
    The company, in its latest healthcare push, plans to offer its millions of Amazon Prime subscribers a low-cost annual membership to One Medical, the primary-care business it purchased for $3.9 billion.  ( 30 min )
    Roblox Stock Jumps as Earnings Top Estimates. Inside the Numbers.
    Roblox stock jumped as a smaller-than-expected loss trumped a sales miss.  ( 18 min )
    Dow Jones Futures Rise Ahead Of Powell Speech; Tesla Stock Climbs On China Data
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    Elon Musk predicted EV startups Lucid and Rivian would both go bankrupt—at least one of them seems to be over the hump
    Rivian now expects to build more than six times the number of electric vehicles that Lucid now aspires to for this year.  ( 35 min )
    Consumers have been propping up the U.S. economy when no one else could—now the debts are being called and they can’t pay their bills
    Americans’ credit card balances have hit a record high.  ( 35 min )
    2 Companies' Profit Is On Pace To Outgrow Even Nvidia's This Year
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    Teva Pharm Q3 profit rises, says war not hurting production
    Teva Pharmaceutical Industries reported slightly higher third-quarter profit, helped by sales of its Austedo treatment for Huntington's Disease, and said production in Israel was unaffected by the country's war with Hamas in Gaza. The world's largest generic drugmaker said on Wednesday it earned 60 cents per diluted share excluding one-time items in the July-September quarter, up from 59 cents per share a year earlier. Revenue rose 7% to $3.9 billion, with Austedo sales up 30% in North America to $339 million.  ( 34 min )
    US 30-year mortgage rate plunged by most in nearly 16 months: MBA
    The Mortgage Bankers Association on Wednesday said the average contract rate on a 30-year fixed-rate mortgage dropped in the week ended Nov. 3 by a quarter percentage point to 7.61%, the lowest in about a month. That months-long updraft in yields saw a sharp reversal last week after the U.S. Treasury said upcoming debt issuance would be somewhat less than previously expected and the Federal Reserve left its key overnight policy rate on hold for a second straight meeting.  ( 34 min )
    Elon Musk’s affordability problem—Tesla is fast running out of early adopters, but its cars are still too expensive for most buyers
    “We’re just hitting a ‘law of large numbers’ situation here,” Musk admitted recently.  ( 37 min )
    US 30-Year Mortgage Rate Tumbles by Most in More Than a Year
    (Bloomberg) -- The average 30-year mortgage rate plunged last week by the most in more than a year, helping generate the biggest advance in home purchase applications since early June.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseXi to Meet US Business Leaders for Dinner in San FranciscoWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, M  ( 33 min )
    Biogen cuts annual profit forecast as higher costs persist
    Since he was hired a year ago, CEO Christopher Viehbacher has led efforts to cut expenses and help Biogen recover from its missteps around the controversial Alzheimer's drug Aduhelm that never gained traction. Biogen is banking on the success of Leqembi and tuck-in deals like its recent $6.5 billion buyout of Reata Pharmaceuticals to grow its revenue. It has incurred integration costs of about $30 million related to the acquisition.  ( 34 min )
    Stock market news today: Stocks tread water with Fed's Powell on deck
    Investors are on high alert for Chair Jerome Powell's comments after several hawkish Fed speakers put a check on spirits.  ( 36 min )
    Daily Spotlight: Argus's Favored Classes, Segments
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    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Restaurant Brands Intl In
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    Analyst Report: Wendy`s Co
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    Analyst Report: Arthur J. Gallagher & Co.
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    Analyst Report: MSCI Inc
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    Analyst Report: Booking Holdings Inc
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    Take-Two Stock Jumps After Report of Grand Theft Auto Reveal. Next, Earnings.
    Rockstar Games plans to announce Grand Theft Auto VI this week before a trailer next month, according to a report.  ( 19 min )
    WeWork’s ousted founder Adam Neumann fires subtle shots at his successors, saying the company ‘failed’ to make the most of its relevancy
    Adam Neumann, the billionaire founder of WeWork, said the company "has failed to take advantage of a product that is more relevant today than ever before" since he left.  ( 35 min )
    Column: Silicon Valley VCs wanted to believe SBF's lies. Now they want you to believe their excuses.
    Sequoia Capital is one of Silicon Valley's biggest and most sophisticated investment firms. So how did it get taken by the crypto scammer Sam Bankman-Fried?  ( 38 min )
    Futures take breather ahead of Powell remarks
    Wall Street has kicked off November on a high note, with the the S&P 500 and the Nasdaq notching their longest streak of gains in two years on Tuesday as Treasury yields retreated sharply amid expectations that the Fed has reached the end of its tightening campaign. Markets are now pricing in rate cuts as soon as in May, according to the CME Group's FedWatch tool, with odds of a cut of at least 25 basis points having risen to nearly 52% compared to about 41% a week ago. However, guarded comments from several central bank officials over the past few days have kept investors on edge, with Fed Governor Michelle Bowman flagging the possibility of further rate hikes given the strength of the U.S. economy.  ( 35 min )
    These Stocks Are Moving the Most Today: Rivian, Robinhood, Upstart, Toast, Array, Kyndryl, Sleep Number, and More
    Rivian raises production guidance, Robinhood's third-quarter revenue misses analysts' expectations, and Upstart posts a wider-than-expected quarterly loss.  ( 26 min )
    Virgin Galactic to Cut Jobs. Interest Rates, Geopolitical Unrest Are a Problem.
    Virgin Galactic says it will cut jobs and expenses to focus on producing its lower-cost Delta spaceships.  ( 19 min )
    Ahold Delhaize trims profit target amid US margin weakness
    Supermarket group Ahold Delhaize on Wednesday trimmed 2023 earnings guidance and flagged margin weakness in the United States, its main market, sending its shares falling nearly 6%. Retailers, whose profits have been boosted over the past two years by rising prices, are seeing their margins squeezed as food price inflation falls and consumers curb their spending. The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the U.S. and the Albert Heijn and Delhaize chains in the Netherlands and Belgium, now sees 2023 underlying earnings per share slightly below last year's level, It had previously forecast annual profit in line with 2022.  ( 34 min )
    Bayer Weighs Structural Changes But Rules Out Three-Way Split
    Bayer CEO Bill Anderson said he is looking at various structural options for the company but ruled out splitting the group into three businesses.  ( 27 min )
    It’s Disney Earnings Day. Here’s What to Expect.
    Disney stock is down 3% this year, as linear TV struggles and streaming slows. What to expect from earnings.  ( 30 min )
    AMC Stock’s Fans Are Counting on Barbenheimer. Why Earnings May Disappoint.
    AMC Entertainment's results, set to be released after tonight's closing bell, will be all about this summer's blockbuster movie phenomenon known as Barbenheimer. AMC stock is down 71% so far this year and fell more than 6% on Tuesday.  ( 21 min )
    Gilead reports better-than-expected earnings amid strong cancer drug sales
    Investing.com -- Gilead (NASDAQ:GILD) has reported third-quarter results that beat analyst estimates, driven in part by strong sales of its cancer drug and a fall in taxes.  ( 34 min )
    Stocks Fall on US Rate Concerns Before Fed Speech: Markets Wrap
    (Bloomberg) -- Stocks in Asia traded in narrow ranges on Wednesday as investors waited to hear more from Federal Reserve officials who are due to speak this week, including Chair Jerome Powell. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsMalaysia Renews Hamas Sup  ( 36 min )
    ABN Amro Trims Full-Year Cost Guidance; Net Profit Beats Expectations
    ABN Amro posted better-than-expected profits for the third quarter but net interest income fell 5% on-quarter, undershooting forecasts.  ( 26 min )
    Exclusive-China authorities ask Ping An to take controlling stake in Country Garden, sources say
    China's State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the matter. A spokesperson for Ping An said the company had not been approached by the government and denied the information reported by Reuters.  ( 36 min )
    Marketmind: Waiting for word from the Fed chief
    Markets are largely in a holding pattern, with investors looking to two days of commentary from Fed Chair Jay Powell starting later in the day for a steer on whether U.S. rate hikes are indeed done. Last week's surprisingly soft jobs data heightened expectations that interest rates had peaked, but Fed commentary since then has warned against complacency in the fight against inflation. For now, investors have dialled up wagers on near-term rate cuts, with the Fed funds rate showing better than 50/50 odds for one as early as May. The dollar's prospects have also softened in line with the more sanguine outlook on rates.  ( 33 min )
    Dow Jones Futures: Is Market Rally Due For A Pause? 5 Stocks In Buy Areas From Hot Sector
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    China's Biggest Winner in Singles Day Bonanza May Be PDD, Say Market Experts
    (Bloomberg) -- As China’s e-commerce giants hunker down for battle this month in the world’s biggest shopping event, market pros are betting that Temu-owner PDD Holdings Inc. will continue beating them all.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsMalaysia Rene  ( 36 min )
    CHART OF THE DAY: Tech stocks are at record highs versus the S&P 500, eclipsing the dot-com bubble's peak
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    Does My Employer’s 401(k) Match Count Toward My Maximum Contribution?
    Employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.  ( 26 min )
  • Open

    NU+ | Dit is hoe VVD, D66, PvdA-GL en CDA hun plannen willen betalen
    VVD, D66, GroenLinks-PvdA, CDA, ChristenUnie, Volt, JA21 en SGP hebben hun plannen voor de komende kabinetsperiode laten doorrekenen door het Centraal Planbureau. Een samenvatting van de plannen van de eerste vier partijen, de overige lees je in een ander artikel.  ( 13 min )
    NU+ | Dit is hoe ChristenUnie, Volt, JA21 en SGP hun plannen willen betalen
    VVD, D66, GroenLinks-PvdA, CDA, ChristenUnie, Volt, JA21 en SGP hebben hun plannen voor de komende kabinetsperiode laten doorrekenen door het Centraal Planbureau. Een samenvatting van de plannen van ChristenUnie, Volt, JA21 en SGP.  ( 12 min )
    RTL kampt met dalende inkomsten door bezuinigende adverteerders
    Mediabedrijf RTL Group heeft last van adverteerders die minder geld besteden aan reclames. Bedrijven zijn terughoudend met hun marketinguitgaven vanwege slechte economische vooruitzichten. Door de reclamedip was de omzet van RTL in de eerste negen maanden van 2023 met 4,66 miljard euro 7 procent lager dan vorig jaar.  ( 8 min )
    Dijkversterking kost miljarden extra: niet 1.500, maar 2.000 kilometer is verzwakt
    De dijken, waterkeringen en dammen die ons tegen het water beschermen worden versterkt. In 2014 werd geschat dat het om zo'n 1.500 kilometer ging, nu blijkt het te gaan om ongeveer 2.000 kilometer. De operatie gaat vele miljarden extra kosten.  ( 9 min )
    Diamanthandel ingestort door zwakke vraag uit China en India
    De vraag naar diamanten is de laatste maanden flink gekelderd. Dat blijkt uit cijfers van onder meer De Beers Group, een van de grootste diamanthandelaren ter wereld.  ( 8 min )
    Armoedefonds ziet armoede in de praktijk niet afnemen
    Dat de armoede in Nederland vorig jaar historisch laag was, ziet Stichting Armoedefonds niet terug in de praktijk. Dat meldt het fonds woensdag in een reactie op nieuwe cijfers.  ( 8 min )
    Adidas pauzeert verkoop van lucratieve Yeezy-sneakers
    Adidas stopt voorlopig met de verkoop van de populaire Yeezy-sneakers, hoewel de collectie van rapper Ye de afgelopen tijd weer honderden miljoenen heeft opgeleverd.  ( 9 min )
    ChatGPT-rivaal Elon Musk heeft rebels toontje en geeft antwoord op alles
    Elon Musk brengt een chatbot uit die net even anders werkt dan zijn concurrenten. Grok is gemaakt om vragen te beantwoorden met humor en op een rebelse toon. De chatbot geeft volgens Musk ook antwoord op pittige vragen die door andere chatbots worden geschuwd.  ( 10 min )
    Politieke kopstukken loodsten miljarden aan verdacht geld van en naar Nederland
    Mensen met invloedrijke politieke functies zijn betrokken bij 14 miljard euro aan verdachte geldtransacties van en naar Nederland. Het gaat om crimineel geld dat voortkomt uit onder meer omkoping, afpersing en verduistering van geld uit de schatkist.  ( 9 min )
    Ook ABN AMRO pakt stevige winst door lage rentes
    Het beleid om voorzichtig te zijn met renteverhogingen legt ABN AMRO geen windeieren. De bank heeft in het derde kwartaal een winst van 759 miljoen euro geboekt. Dat komt mede door "sterke netto rentebaten", zoals ABN het omschrijft.  ( 9 min )
    Podcast | Tata's ijzeren greep (deel 2): 'Omgeving ademde letterlijk Hoogovens'
    We gaan vijftig jaar terug in de tijd en horen hoe de hele omgeving toen Hoogovens ademde - letterlijk en figuurlijk. In vrijwel elk gezin in de IJmond lijkt wel iemand voor het bedrijf te werken. Het jaarlijkse hoogtepunt is de trotse onthulling van het kerstpakket.  ( 7 min )
    AH-moederbedrijf doet websuper FreshDirect al na twee jaar van de hand
    Ahold Delhaize verkoopt de Amerikaanse online supermarkt FreshDirect aan flitsbezorger Getir. Dat maakten beide bedrijven woensdag bekend. Verder blijkt dat de winst bij het moederbedrijf van Albert Heijn en bol flink is gedaald.  ( 9 min )
    Pensioenen van bijna drie miljoen (oud-)zorgmedewerkers volgend jaar omhoog
    Pensioenfonds PFZW verhoogt zijn pensioenen volgend jaar met 4,8 procent. De verhoging geldt ook voor degenen die nog niet met pensioen zijn, maar wel pensioen opbouwen.  ( 9 min )
    Politieke partijen overtreden privacywet met volgcookies
    Meerdere politieke partijen plaatsen zonder toestemming volgcookies op hun websites. Daarmee schenden ze de wet, blijkt uit onderzoek van de NOS. De overtredingen zijn gesignaleerd bij BoerBurgerBeweging (BBB), Forum voor Democratie (FVD), SGP en Volt.  ( 8 min )
    Pensioenen voor zorgpersoneel gaan volgend jaar omhoog
    Pensioenfonds PFZW verhoogt zijn pensioenen volgend jaar met 4,8 procent. De verhoging geldt ook voor degenen die nog niet met pensioen zijn, maar wel pensioen opbouwen.  ( 8 min )
    Ook ABN AMRO pakt stevige winst door lagere rentes
    Het beleid om voorzichtig te zijn met renteverhogingen legt ABN AMRO geen windeieren. De bank heeft in het derde kwartaal een winst van 759 miljoen euro geboekt. Dat komt mede door "sterke netto rentebaten", zoals ABN het omschrijft.  ( 9 min )
    Toen Tata Steel nog Hoogovens was: 'Grootste zorg omwonenden was vieze auto'
    Voordat Tata Steel een van de controversieelste bedrijven van Nederland werd, was de staalfabriek juist zeer geliefd bij omwonenden. "Nederland was verzuild. En in de IJmond kun je zeggen dat Hoogovens een soort eigen zuil had", vertelt een ex-medewerker.  ( 12 min )
  • Open

    Speculators Signal Optimism on U.S. Stocks for First Time Since Mid-2022
    Speculators for the first time since mid-2022 are signaling optimism on U.S. stocks, as futures markets bets favoring S&P 500 gains now outweigh bearish wagers.  ( 1 min )
    Dow Jones Today: Stock Futures Little Changed as Oil Slumps to Nearly 4-Month Low
    Stock futures were slightly higher in premarket trading as oil prices continued to tumble from yesterday's 3-month low ahead of a speech from Fed Chair Jerome Powell.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of EV truck maker Rivian surged after raising its production forecast for the year, and Amazon is reportedly developing a new artificial intelligence model. Here’s what investors need to know today.  ( 1 min )

  • Open

    Municipal Liquidity Facility (MLF): What It is, How It Works
    The Municipal Liquidity Facility (MLF) was a Federal Reserve initiative to keep state and local governments funded during the COVID-19 crisis.  ( 22 min )
    Top CDs Today: Best Nationwide Rate is 6.18% on a 1-Year Term
    Today's best CD rates are 6.18% from Bayer Heritage Federal Credit Union, 6.14% from Minnequa Works Credit Union, and 5.80% from either Seattle Bank or Credit Human.  ( 19 min )
    Theodore W. Schultz: Life And Career, Contributions
    Theodore W. Schultz was an agricultural economist who won the Nobel Prize in Economics in 1979 for his research in development economics.  ( 21 min )
    Associate in Commercial Underwriting (AU): Meaning, How It Works
    An Associate in Commercial Underwriting (AU) is a person with qualifications to evaluate risk for insurance companies.  ( 21 min )
    S&P 500 Gains and Losses Today: Gen Digital's Customers, Revenue Advance
    The S&P 500 gained 0.3% on Tuesday, Nov. 7, 2023, amid optimism that the Fed has finished raising interest rates to tackle high inflation.  ( 17 min )
    Datadog Shares Jump About 30% on Better-Than-Expected Earnings
    DDOG stock jumped 30% after the cloud cybersecurity company handily beat out analyst expectations and revised full-year guidance higher.  ( 17 min )
    GlobalFoundries Posts Better-Than-Expected Earnings on Resilient Demand
    GlobalFoundries shares surged after reporting better-than-expected third-quarter earnings on resilient demand, boosting other chip stocks.  ( 17 min )
    Student Loan Debt Fell A Record $27 Billion in Third Quarter
    Something unusual happened with the nation’s student loan debt the last quarter: It went down, and by a record amount.  ( 17 min )
    Free Application for Federal Student Aid (FAFSA): Overview, FAQ
    The Free Application for Federal Student Aid (FAFSA) is the key to getting grants, scholarships, work-study, and loans to help pay for college.  ( 27 min )
    China Investment Corporation (Cic): Meaning, Criticism
    China Investment Corporation is the sovereign wealth fund of China that invests in public and private assets to diversify foreign exchange holdings.  ( 22 min )
    Planet Fitness Shares Rise, Boosted by Membership and Store Growth
    Planet Fitness shares powered higher as membership additions helped the fitness center operator beat profit and sales estimates.  ( 17 min )
    Getting Personal Loans With an ITIN
    If you have an ITIN instead of a Social Security number, you can still get a personal loan. Here’s what you need to know about the process.  ( 24 min )
    Updated Roth and Traditional IRA Contribution Limits
    The limit for contributions to traditional and Roth IRAs for 2023 is $7,000, plus $8,000 if the taxpayer is age 50 or older.  ( 29 min )
    Regulator Pushes Federal Home Loan Banks Reform After Spring Banking Crisis
    The regulator in charge of the Federal Home Loan Banking system wants the government enterprise company to be less of a “lender of last resort” for failing banks after this spring's turmoil.  ( 18 min )
    Mortgage Rates Edge Up, Including Big Jump for 10- and 15-Year Loans
    Rates on 30-year mortgages have halted their four-day plunge with a minor increase. But rates for 10-year, 15-year, and 20-year loans saw much bigger jumps.  ( 19 min )
    Current Population Survey: What It Is, How It Works
    The Current Population Survey is a statistical survey of households that is performed by the U.S. Census Bureau of Labor Statistics on a monthly basis.  ( 23 min )
    Notional Value vs. Market Value: What's the Difference?
    Learn about what notional and market value are, and how to calculate the notional value of a futures contract.  ( 23 min )
    Gen Digital Shares Jump as It Attracts More Customers, Grows Revenue Per User
    Shares of Gen Digital moved higher as the cybersecurity software firm beat sales estimates, boosted by growth in customers and revenue per user.  ( 18 min )
    Despite Cooling Inflation, Fed Officials Split on Need for More Rate Hikes
    During appearances on Tuesday, Chicago Fed President Austan Goolsbee said the economy was making sufficient progress on inflation, while Fed Governor Michelle Bowman said further rate hikes may be needed.  ( 18 min )
    Warehouse Lending: Definition and How It Works in Banking
    Warehouse lending is credit extended by a financial institution to a loan originator to fund a mortgage that a borrower initially used to buy a property.  ( 22 min )
    Kinder Morgan to Acquire NextEra's South Texas Gas Pipelines for $1.82 Billion
    In its latest acquisition, Kinder Morgan announced plans to purchase NextEra Energy Partner’s South Texas pipeline system for $1.82 billion.  ( 17 min )
    Loan Shark: Definition, Example, Vs. Payday Lender
    A loan shark is a person or entity that charges borrowers interest above an established legal rate. Often they are members of organized groups offering short-term loans who use threats of violence for debt collection.  ( 22 min )
    Basing Point Pricing System: What It Is, How It Works, Criticism
    A basing point pricing system requires buyers to pay a base price, plus a set shipping fee depending on their distance from a specific location.  ( 21 min )
    Revenue Act of 1862: What It Was, History
    The Revenue Act of 1862 was passed by Congress to fund the Union in the American Civil War and created the Bureau of Internal Revenue.  ( 21 min )
    Capital Gains Distribution: What It Is, How It's Taxed
    A capital gains distribution is a payment by a mutual fund or an exchange-traded fund of a portion of the proceeds from the fund's sales of stocks and other assets.  ( 24 min )
    Roth IRA vs. Traditional IRA: Key Differences
    The differences between Roth IRAs and traditional IRAs lie in the timing of their tax breaks, eligibility standards, and the access they offer.  ( 29 min )
    When Are SIMPLE IRA Contributions Due?
    The deadlines for SIMPLE IRA contributions vary depending on whether the employer or employee is making them.  ( 22 min )
    How Amazon Financing Works
    Amazon has multiple credit offerings, including products for both its users and sellers. Learn more about the details of each.  ( 26 min )
    Whole Loan: What It Is, How It Works, Example
    A whole loan is a single loan that a lender has issued to a borrower. Many lenders choose to package and sell their whole loans in the secondary market, which allows for active trading and market liquidity.  ( 22 min )
    How Does a Company's Capitalization Structure Affect Its Profitability?
    Learn about capitalization structure and how the combination of debt and equity a company uses to fund operations can affect its profitability.  ( 23 min )
    How Does South Korea's Short Selling Ban Affect US Investors?
    Citing instances of illegal “naked” short selling, South Korea’s banned short selling through June 2024. American depositary receipts of South Korean companies jumped on Monday, before giving back those gains in trade this morning.  ( 19 min )
    Non-Recourse Finance: Definition, Uses, Vs. Recourse Loan
    Non-recourse finance is a type of commercial loan requiring only repayment based upon proceeds generated from the project funded by the loan.  ( 22 min )
    Why Saving 10% Won’t Get You Through Retirement
    Retirement experts often tout the 10% rule: Save 10% of your income for a comfortable retirement. The truth is that most people need to save far more.  ( 28 min )
    Gross Earnings: Definition, Examples, vs. Net Earnings
    Gross earnings from an accounting perspective is the amount of revenue left over after the cost of goods sold is deducted.  ( 22 min )
    Is It Possible to Get a $100,000 Personal Loan?
    It is possible—but difficult—to get a $100,000 personal loan. Even the best personal loan providers don’t typically offer loans of more than $50,000.  ( 24 min )
    Markets Rise at Midday as Tech Stocks Gain and Treasury Yields Fall
    U.S. equities extended their rally midday on Tuesday, Nov. 7, 2023 as tech stocks gained and Treasury yields fell after the latest earnings and amid optimism the Fed might not raise interest rates further to fight inflation.  ( 17 min )
    U.S. Trade Deficit Increases on Imbalance with China
    The U.S. trade deficit grew for the first time in three months to hit $61.5 billion in September, a 4.9% increase that was higher than the $59.8 billion analysts forecast.  ( 18 min )
    TripAdvisor Shares Jump After Beating Profit Estimates as It Sold More Travel Packages
    TripAdvisor shares surged after posting better-than-expected third quarter results as it sold more travel experiences packages.  ( 17 min )
    CFPB Wants To Regulate FinTech Payments Processors like Amazon, Meta and Google
    The Consumer Financial Protection Bureau's proposed rules on financial companies that process transactions could have implications for tech giants such as Apple, Google, Amazon, Meta, Square, and Paypal.  ( 18 min )
    Uber Misses Profit and Sales Estimates, but Shares Rise as Bookings Soar
    Uber missed profit and sales forecasts even as bookings at its mobility and delivery units jumped.  ( 18 min )
    Biotechnology ETF: What It Is and How To Invest
    A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services.  ( 23 min )
    What Is a Revolver? Definition in Lending and How It Works
    A revolver is a borrower who carries a balance from month to month via a revolving credit line.  ( 23 min )
    The Rules of a 401(k) Retirement Plan
    The 401(k) plan has become the most popular retirement option for U.S. workers. Learn how they work and about the contribution limits for this year.  ( 29 min )
    Core Liquidity Provider: What it is, How it Works
    A core liquidity provider acts as a go-between in the securities markets, buying securities from companies and distributing them for resale to investors.  ( 22 min )
    Liquidity Premium: Definition, Examples, and Risk
    The liquidity premium is compensation for investing in assets that cannot be easily converted into cash at fair market value.  ( 24 min )
    Under 40 and Underwater? Some Adults Are Falling Behind On Car Loans and Credit Card Debt
    More and more people are falling behind on their credit card and car loans, especially people in their twenties and thirties, data from the Federal Reserve Bank of New York showed Tuesday.  ( 19 min )
    WeWork Files for Bankruptcy Amid Office Market Slump
    Office space rental company WeWork filed for bankruptcy, with the company indicating it would continue to operate as it renegotiates its leases and debt obligations.  ( 17 min )
    Analyzing the Price-to-Cash-Flow Ratio
    Find out how analyzing the price-to-cash-flow ratio can help you make batter investment decisions.  ( 23 min )
    Have A 'Fair' Credit Score But Your Loan Got Denied? You're Not Alone
    Amid a cloudy economic outlook, banks are getting choosier about who they lend money to and on what terms—with many lenders rejecting more credit applications for people with just okay credit scores.  ( 18 min )
    9 Things You May Not Know About Your IRA
    Learn about some little-known features that will help you get the most out of your IRA retirement savings account.  ( 30 min )
    What Your 401(k) Could Look Like in the Next 20 Years
    Discover how time and compounded growth of earnings can help even a modest 401(k) balance grow to a significant sum over 20 years.  ( 26 min )
    Information Ratio (IR) Definition, Formula, vs. Sharpe Ratio
    The information ratio (IR) measures portfolio returns and indicates a portfolio manager's ability to generate excess returns relative to a given benchmark.  ( 24 min )
    5 Things to Know Before Markets Open
    ADRs of Swiss banking giant UBS surged after it reported growth in its wealth management business despite a quarterly loss, and WeWork filed for bankruptcy. Here’s what investors need to know today.  ( 18 min )
    What’s the Difference Between Pretax and Roth Contributions?
    With tax-advantaged retirement plans, you either make pretax or after-tax contributions, depending on the type of plan. Learn about the pros and cons.  ( 27 min )
    How Do I Determine the Market Share of a Company?
    Learn what market share is, how to calculate market share, and how to interpret the market share of a company relative to its industry.  ( 24 min )
    Are ETFs a Good Fit for 401(k) Plans?
    The popularity of ETFs among investors and advisors continues to grow. But are they a good fit for 401(k) plans?  ( 24 min )
    Net Income (NI) Definition: Uses, and How to Calculate It
    Net income, also called net earnings, is sales minus cost of goods sold, general expenses, taxes, and interest. Learn how it is used in business and taxes.  ( 23 min )
    Lowe's Credit Card: How it Works, Benefits, and Rewards
    Understand how the Lowe's credit card works, which customers benefit the most, its terms and conditions, and what alternatives are available.  ( 25 min )
    Amazon Prime Visa Signature Credit Card: Overview and Benefits
    Find out about the rewards the Amazon Prime Visa Signature Card offers, how to get it, who qualifies, and alternatives.  ( 28 min )
    Conglomerate Boom: What It Is, How It Works, Example
    The conglomerate boom occurred in the period following WWII when many businesses had the money and resources to chase economies of scale.  ( 22 min )
    How the Home Depot Credit Card Works: Benefits and Rewards
    Here is how the Home Depot credit card works, including where and how to apply, where it can be used, interest rates and fees, and the rewards and benefits involved.  ( 26 min )
  • Open

    This Is The Ultimate Warren Buffett Stock, But Should You Buy As Cash Pile Hits A Record?
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    Younger baby boomers face deep shortfall in retirement savings
    Baby boomers tend to be viewed as one group. But thanks to the Great Recession, younger boomers have had a much harder time saving for retirement.  ( 35 min )
    Datadog Shares Jump About 30% on Better-Than-Expected Earnings
    DDOG stock jumped 30% after the cloud cybersecurity company handily beat out analyst expectations and revised full-year guidance higher.  ( 18 min )
    3M Knew Process Was Dangerous Before Fatal Accident, OSHA Says
    According to federal investigators, the death at the company's Wisconsin plant could have been avoided.  ( 35 min )
    Shares of Spirit Aero down 16% as company looks to raise cash
    Shares of Spirit AeroSystems dropped 15% in extended trade after the company announced new measures meant to raise capital for the embattled aerospace supplier.  ( 33 min )
    Bob Iger 'has his hands full' amid stock price decline, activist fight: Ex-Disney exec
    Disney's former streaming chief says CEO Bob Iger will weigh all his options in trying to solve the entertainment giant's myriad problems.  ( 36 min )
    The EV Meltdown Is Obscuring a Disaster for Industrial Stocks
    The reaction to third-quarter results from car-related companies has been awful. Reactions to industrial numbers aren't all that much better. The problems for both industries are linked.  ( 27 min )
    Updated Roth and Traditional IRA Contribution Limits
    The limit for contributions to traditional and Roth IRAs for 2024 is $7,000, plus $8,000 if the taxpayer is age 50 or older.  ( 29 min )
    UPDATE 2-Occidental Petroleum beats Q3 estimates on higher production
    Occidental Petroleum beat estimates for third-quarter profit on Tuesday, as the U.S. oil and gas producer was aided by higher output amid sustained demand for energy. U.S. production of oil and gas has been on the rise since last year as strong prices have encouraged energy firms to drill more. WTI crude prices increased 9.4% on a sequential basis during the quarter, on the back of the extension of production cuts by OPEC+ members led by Saudi Arabia and Russia.  ( 34 min )
    Gilead Squashes Expectations On The Back Of A Bullish Move For Its Cancer Drugs
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    Coupang Slides After Third-Quarter Earnings Misses Estimates
    (Bloomberg) -- Coupang Inc. slid in late US trading after third-quarter profit missed analysts’ estimates, overshadowing a better-than-expected 21% revenue surge and a record number of active customers. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsTrump Testimony C  ( 35 min )
    Bond-market crash leaves big banks with $650 billion of unrealized losses as the ghost of SVB continues to haunt Wall Street
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    Cava Scores Surprise Profit as Same-Restaurant Sales Surge
    The Mediterranean take-out restaurant chain Cava Group said revenue jumped almost 50% from the same period last year. It reported an unexpected profit.  ( 21 min )
    Rivian raises full-year production forecast, shares rise
    Rivian added it was speaking with more customers who are interested in the Rivian Commercial Vehicle platform, which underpins its electric delivery vans, and reiterated its commitment to fulfilling the order of 100,000 vans to Amazon by 2030. Rivian had reported third-quarter deliveries above market expectations last month.  ( 34 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
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    Australia Farmers Are Giving Sheep Away for Free After 75% Price Plunge
    (Bloomberg) -- Australia’s sheep industry is in crisis, with prices near the lowest level in 16 years forcing some farmers in the country’s west to give their animals away for free to pet-food manufacturers.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapTrump Testimo  ( 34 min )
    Warren Buffett’s Pilot Deal Shows He’s Still a Value Investor at Heart
    No content preview  ( 25 min )
    Utility Stocks Are Coming Out of the Dark. 4 Companies to Consider.
    High yields on government debt had made utilities' dividends less appealing, but the situation has changed.  ( 26 min )
    Texas Billionaire Sees Real Estate Bargains as ‘Debt Wall’ Looms
    (Bloomberg) -- Texas billionaire and real estate investor John Goff predicted that a number of appealing properties will hit the market soon as rising interest rates force some investors to sell. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateStocks Extend Gains as Traders Defy Fed ‘Pushback’: Markets WrapTrump Shouts at Judge and  ( 34 min )
    Anthony Scaramucci on clawing back FTX's 30% stake in his firm
    Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said during the Yahoo Finance Invest conference that he hoped to claw back the 30% stake that FTX had taken in his firm.  ( 34 min )
    DraftKings Stock On The Rise; Here's A Way To Get Income On It
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    Consumers will pay up for new ESPN streaming service, former Disney exec says
    Analysts have estimated the service would need to cost about $30 a month to break even. Ex-Disney exec Kevin Mayer says that won't be a problem for consumers.  ( 37 min )
    Datadog Stock Soars Nearly 30%
    Datadog stock was on track for its best day on record after reporting earnings. Shares of the security software provider surged more than 29% in Tuesday trading, which would be its largest one-day percentage gain since Datadog went public in 2019. It was the best performer in the Nasdaq 100 on Tue  ( 16 min )
    Analyst Report: Parker-Hannifin Corp.
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    Analyst Report: Exxon Mobil Corp.
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    Analyst Report: Qorvo Inc
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    Analyst Report: S&P Global Inc
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    Analyst Report: Firstenergy Corp.
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    Analyst Report: Trane Technologies plc
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    Analyst Report: Xylem Inc
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    Fed’s Waller Says Jump in 10-Year Yields Is an ‘Earthquake’
    (Bloomberg) -- A jump in US yields over recent weeks amounts to nothing less than an “earthquake” for the bond market, according to Federal Reserve Governor Christopher Waller.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateStocks Extend Gains as Traders Defy Fed ‘Pushback’: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day  ( 33 min )
    Market Update: FE, TT, SPGI, PH, XOM, XYL, CHTR, QRVO
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    These 4 Stocks Have Been the Most Popular During Wall Street’s Recent Rally
    Tesla, Palantir, AMD, and Ford have been the most popular stocks by volume from Oct. 30 to Nov. 6.  ( 24 min )
    WeWork co-founder Adam Neumann calls company's bankruptcy 'disappointing'
    WeWork co-founder and former CEO Adam Neumann delivered his reaction to the office-sharing firm's bankruptcy filing, calling the move "disappointing."  ( 35 min )
    EV Stocks: Rivian, Lucid Earnings Due After This Tesla Threat
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    Bill Ackman Pocketed Over $200 Million From His Bond Portfolio — Here Are Some Of His Other Popular Investments
    Bill Ackman, the founder and CEO of Pershing Square Capital Management, is a renowned billionaire institutional investor and hedge fund manager with a net worth of over $3.5 billion. The Harvard University-educated finance executive is known for his leveraged contrarian bets on the stock and bond market. In 2020, just days before the U.S. announced a total lockdown, Ackman hedged his investments, predicting a complete shutdown of the economy through credit default swaps, netting a profit of over  ( 37 min )
    Are I-bonds a good investment now? Here's what to know.
    The interest rate on Series I savings bonds now tops 5%, although as investments they're not right for everyone.  ( 34 min )
    Microsoft Stock Hits New All-Time High. Why Its Next Move Might Be Lower.
    Microsoft stock has been on fire. A technical measures suggest a pullback could be imminent.  ( 21 min )
    Microsoft Stock Is on Track for Another Record High
    Microsoft keeps rising. The software giant's shares, recently up nearly 1.5% at above $361, are on track for a new record high, according to data going back to 1986, when it went publish. It'll set a new standard if it closes above $359.49, according to Dow Jones Market Data. (Its last record close  ( 23 min )
    Pfizer to Cut $3.5B in Costs, Close NJ Plant
    But the company says initial reports of 800 layoffs at the location are unfounded.  ( 34 min )
    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
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    Americans Spent Big. Now Overdue Bills Are Rising.
    Both the overall level of household debt and the share of those that struggled to make timely payments increased last quarter.  ( 27 min )
    Goldman Sachs Says Utilities and Consumer Staples Stocks Are Set to Outperform as the Presidential Election Approaches — Here Are 2 Names the Banking Giant Likes
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    Oil prices sink 4% on 'demand destruction' worries, weak China exports
    Demand destruction and weak Chinese export data has put pressure on oil prices, says one analyst.  ( 35 min )
    Oil prices sink on 'demand destruction' worries, weak China exports
    Demand destruction and weak Chinese export data has put pressure on oil prices, says one analyst.  ( 35 min )
    Ventyx Crashes 82% After Scrapping Two Studies On A Psoriasis Treatment Flop
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    Tesla China Registrations Pop As EV Giant Teases A Welcome Sign For Investors
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    Dell Stock Breaks Out On AI Outlook
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    Datadog Stock Surges 24% After Earnings. What’s Exciting Wall Street.
    For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts’ estimates of $544.9 million.  ( 20 min )
    Uber Stock Falls After Earnings. The Good—and Bad—in the Report.
    Uber posts third-quarter earnings of 10 cents a share on revenue of $9.29 billion. The stock is down nearly 4% in premarket trading.  ( 20 min )
    How Bitcoin’s Next Rally Could Carry It Past $40,000
    Bitcoin has consolidated around $35,000, but the technical market backdrop remains positive.  ( 22 min )
    Solar Stocks Sunrun, Enphase, and Others May Have a Brighter Future
    A combination of high interest rates hitting demand, distributors working through high inventory levels, and a policy change reducing incentives in California, has made it a tough year for solar stocks.  ( 21 min )
    Nvidia Isn’t the Only Way to Play AI. Watch This Obscure Stock, Too.
    Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 24 min )
    Alibaba, JD.com Stock Fall After China Trade Data. Here’s the Good News.
    Alibaba and JD.com were among the stocks falling in Hong Kong trading Tuesday as China’s latest trade data painted a mixed picture for the world’s second-largest economy.  ( 21 min )
    What Your 401(k) Could Look Like in the Next 20 Years
    Discover how time and compounded growth of earnings can help even a modest 401(k) balance grow to a significant sum over 20 years.  ( 26 min )
    Fed's Goolsbee: Inflation could soon match fastest drop in last century
    "Over the next couple of months, we might equal the fastest drop in inflation in the last century," Goolsbee said in an interview with broadcaster CNBC. "And as long as we're making progress, as I've been saying for a while, the moment of arguing how high should the rate go is going to fade to how long should we keep rates at this level as inflation is coming down." The U.S. central bank last week kept its benchmark interest rate unchanged at between 5.25% and 5.50% but kept the door ajar to raising borrowing costs further to get inflation back down to its 2% target amid a resilient economy.  ( 33 min )
    Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant
    The banking titan could lay off thousands of staffers.  ( 35 min )
    CELH Stock Rallies On High-Energy Q3 Performance; Stock Split Pending
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    Nvidia Stock Is an Obvious AI Earnings Play. This Stock Is Not.
    Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 23 min )
    Datadog Stock Skyrockets on Upbeat Outlook and Customer Growth
    For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts’ estimates of $544.9 million.  ( 18 min )
    Intel Has an Edge on Its Competitors. It’s Not AI.
    Intel is first in line for a potential multibillion dollar funding package from the government to make microchips for military applications, The Wall Street Journal reported.  ( 21 min )
    Datadog Earnings Top Estimates; Software Stock Surges
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    Uber Reports Earnings as Rides, Delivery Businesses Grow
    Uber Technologies grew its rides and food-delivery businesses in the third quarter while posting its second-ever operating profit, as people continued to use its app to commute and order in. The company projected further growth in the current December quarter. Shares of Uber gained about 1% in pre  ( 24 min )
    WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
    (Bloomberg) -- WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese billionaire Masayoshi Son, damaging his professional reputation far beyond the money he lost.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapApple Delays Work on Next Year’s iPhone, Mac Software  ( 36 min )
    Nvidia and Cisco Stocks Seen as Top AI Picks Ahead of Earnings. Here’s Why.
    Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 23 min )
    Uber beats on Q3 profit, forecasts strong Q4 amid holiday travel demand
    Uber expects adjusted core profit, a profitability measure watched by investors, between $1.18 billion and $1.24 billion. "Consumer demand on our platform remains healthy as we enter the busiest period of the year," CEO Dara Khosrowshahi said in his prepared remarks.  ( 34 min )
    Fund Manager Who Won Big on Nvidia Sees More Gains Ahead
    (Bloomberg) -- For investors who say Nvidia Corp. is too expensive and the AI hype is overdone, a portfolio manager who trounced all his peers this year has a message — more gains to come. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarTrump Shouts at Judge and Lawyers in Wild Day on Witness StandWall Street Faces ‘Reality Check’ After  ( 35 min )
    Analyst Report: Hershey Company
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    Analyst Report: Sonoco Products Co.
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    Analyst Report: Hess Corporation
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    Analyst Report: Shopify Inc
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    Analyst Report: Republic Services, Inc.
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    Analyst Report: Hartford Finl Servs Grp Inc
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    Daily Spotlight: Stock Valuations Move Back Toward Normal
    No content preview
    SoftBank makes another bet on WeWork, hoping landlords will too
    WeWork's $3 billion debt for equity swap deal with its creditors marks the latest effort by top shareholder SoftBank to revive the troubled office-space provider and recoup some of the billions it has invested. Whether the bet succeeds now depends on WeWork renegotiating the costly long-term leases it signed during the boom years and is now unable to pay, forcing it to file for bankruptcy on Monday. WeWork's long-term lease obligations of $13.3 billion accounted for more than 70% of its total debt as of end-June.  ( 35 min )
    Stock market news today: Stocks edge higher as investors cling to Fed rate excitement
    Investors are weighing whether the Fed is really done hiking as policymakers speak out.  ( 38 min )
    Stock market news today: Stock futures dip as Fed rate hopes dim
    Investors are weighing whether the Fed is really done hiking as policymakers speak out.  ( 35 min )
    EV Makers Turn to Discounts to Combat Waning Demand
    Car companies and dealers are slashing thousands off purchase prices to attract wary shoppers.  ( 28 min )
    Alibaba, JD.com Fall After China Trade Data. Here’s the Good News.
    No content preview  ( 20 min )
    Oil Prices Slip Despite Stronger Chinese Import Data
    Oil prices moved lower as a stronger dollar and weak macro sentiment outweighed Chinese trade data that showed crude imports rose in October, ANZ Research said.  ( 25 min )
    Stocks Fall With Doubts Over Fed Pause in Focus: Markets Wrap
    (Bloomberg) -- Equities in Asia declined as fresh doubts emerged on whether the Federal Reserve has finished tightening policy. The dollar advanced.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandAn Asian equity be  ( 36 min )
    Britain unable to process up to half of North Sea oil from new wells, campaigners warn
    Rishi Sunak’s plan to boost energy security by issuing new North Sea licences every year has been cast into doubt by claims Britain will be unable to handle the crude oil.  ( 35 min )
    Watch the Cash When Rivian Reports Earnings
    Wall Street is looking for a per-share loss of $1.31 from sales of $1.3 billion, according to Bloomberg. Rivian reported a $1.08 loss from sales of $1.1 billion in the second quarter of 2023.  ( 25 min )
    How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?
    Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. California’s Insurance Commissioner Ricardo Lara is trying to step in to reform the system and to make the private market more robust, but the bulk of the changes won’t take effect for at least another year.  ( 37 min )
    The stock market's latest rally is about to fizzle amid a barrage of concerns, JPMorgan says
    No content preview
    Cathie Wood Sells Top Bet Roku as Stock Surges on Upbeat Outlook
    (Bloomberg) -- Cathie Wood’s flagship fund on Monday sold Roku Inc., which recently became its biggest holding, for the first time since August.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandAI Pioneer Kai-Fu Lee Builds $1 Billion Startup in Eight MonthsWood’s Ark Innovat  ( 34 min )
    More oil supertankers than ever are headed for the US to load up on crude for export as OPEC+ curbs supply
    A record-high 48 oil supertankers are making their way to the US, according to data compiled by Bloomberg.  ( 34 min )
    Shein Targets Up to $90 Billion Valuation in US IPO, Sources Say
    (Bloomberg) -- Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant is valued in private trades, according to people familiar with the matter.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarTrump Shout  ( 35 min )
    WeWork files for bankruptcy with liabilities of up to $50bn
    WeWork, the SoftBank Group-backed start-up that was once a darling of Silicon Valley valued at $47bn (£38.7bn), has filed for bankruptcy in the United States.  ( 35 min )
    WeWork Files for Bankruptcy
    The flexible-office-space venture, valued at $47 billion at its peak, is facing the consequences of excessive expansion that left it with many unprofitable locations.  ( 29 min )
    Bumble undergoes a CEO shakeup as recession fears make singles forego pricey dating apps and the company’s stock tanks 80% in 2 years
    Dating apps face major headwinds as consumers cut back due to fears about the economy.  ( 36 min )
  • Open

    S&P 500 Gains and Losses Today: Gen Digital's Customers, Revenue Advance
    The S&P 500 gained 0.3% on Tuesday, Nov. 7, 2023, amid optimism that the Fed has finished raising interest rates to tackle high inflation.  ( 1 min )
    How Does South Korea's Short Selling Ban Affect US Investors?
    Citing instances of illegal “naked” short selling, South Korea’s banned short selling through June 2024. American depositary receipts of South Korean companies jumped on Monday, before giving back those gains in trade this morning.  ( 1 min )
    Markets Rise at Midday as Tech Stocks Gain and Treasury Yields Fall
    U.S. equities extended their rally midday on Tuesday, Nov. 7, 2023 as tech stocks gained and Treasury yields fell after the latest earnings and amid optimism the Fed might not raise interest rates further to fight inflation.  ( 1 min )
    Dow Jones Today: Stock Futures Slip, Bonds Search for Direction
    Stock futures were mostly lower in premarket trading Tuesday, threatening to end a six-day-long equities rally, while bond yields whipsawed and the dollar climbed.  ( 1 min )
    5 Things to Know Before Markets Open
    ADRs of Swiss banking giant UBS surged after it reported growth in its wealth management business despite a quarterly loss, and WeWork filed for bankruptcy. Here’s what investors need to know today.  ( 1 min )
    Investors Plowed into Bets Against U.S. Treasurys—and Likely Paid For It
    Investors plowed into bets against U.S. Treasurys in recent weeks—and now they're likely paying for it.  ( 1 min )
    S&P 500 Gains and Losses Today: Upgrades Help Lift Dominion Energy and Clorox Shares
    The S&P 500 rose 0.2% on Monday, Nov. 6, 2023, ahead of some of the last major corporate earnings reports for the third quarter.  ( 1 min )
    Bumble Shares Drop as Founder Whitney Wolfe Herd Will Resign as CEO January 2
    Bumble founder Whitney Wolfe Herd will resign as CEO of the company, effective January 2.  ( 1 min )
  • Open

    Armoede daalde vorige jaar naar laagste niveau in ruim 45 jaar
    637.000 mensen in Nederland leefden vorig jaar onder de armoedegrens, wat neerkomt op 3,8 procent van de bevolking. Hoewel dat veel mensen zijn, is het toch het laagste niveau sinds statistiekbureau CBS in 1977 begon met meten.  ( 10 min )
    Olieprijzen gedaald naar laagste niveau sinds augustus
    De olieprijzen zijn dinsdag gedaald naar het laagste niveau sinds augustus, onder andere door zwakke cijfers over de Chinese export. Ook de sterkere dollar zorgt voor druk op de olieprijzen.  ( 9 min )
    Inchecken bij KLM op Schiphol korte tijd onmogelijk door IT-storing
    KLM kampte dinsdagmiddag met een IT-storing in het inchecksysteem op Schiphol. Door de storing konden passagiers op de luchthaven niet inchecken voor KLM-vluchten.  ( 8 min )
    Toezichthouder wil dat huizenkoper klimaatrisico kan meenemen in (lagere) prijs
    Mogelijke gevolgen van klimaatverandering, zoals extreme hitte en hevige neerslag, moeten nadrukkelijker terugkomen in de waarde van een huis bij taxatie en verkoop. Toezichthouder AFM wil het bewustzijn over klimaatrisico's onder huizenkopers vergroten door onder meer een klimaatlabel aan huizen te geven.  ( 10 min )
    Laagste wijnproductie in ruim zestig jaar door slechte oogsten wereldwijd
    Wereldwijd komt de wijnproductie dit jaar op het laagste niveau in zestig jaar. In enkele Europese landen zat het weer niet mee en ook oogsten op het zuidelijk halfrond vielen tegen, zegt de internationale brancheorganisatie OIV.  ( 9 min )
    NU+ | Traditioneel weer veel kritiek op de CPB-toetsing van partijen, dit is waarom
    Waar betalen partijen hun plannen mee en wat zijn de financiële gevolgen? Dat toetst het onafhankelijke Centraal Planbureau (CPB) sinds 1986 bij alle Tweede Kamerverkiezingen. De kritiek hierop is inmiddels traditie.  ( 12 min )
    Toezichthouder wil dat huizenkoper ook klimaatrisico's kan meenemen in (lagere) prijs
    Mogelijke gevolgen van klimaatverandering, zoals extreme hitte en hevige neerslag, moeten nadrukkelijker terugkomen in de waarde van een huis bij taxatie en verkoop. Toezichthouder AFM wil het bewustzijn over klimaatrisico's onder huizenkopers vergroten door onder meer een klimaatlabel aan huizen te geven.  ( 9 min )
    Klein deel Nederlanders betaalt straks onnodig meer dan prijsplafond energie
    Ongeveer 6 procent van de huishoudens heeft een energiecontract met prijzen die boven het prijsplafond liggen. Dat terwijl vrijwel elke energieleverancier prijzen aanbiedt die onder het plafond vallen. Als het plafond wegvalt, zijn deze mensen in 2024 duurder uit.  ( 10 min )
    Geen privéjets meer op Eindhoven Airport om uitstoot te verminderen
    Eindhoven Airport wil fossiele privévluchten op de luchthaven vanaf 2026 verbieden. Met deze en andere maatregelen wil de luchthaven de CO2-uitstoot en geluidsoverlast naar beneden brengen voor 2030.  ( 9 min )
    Trein wordt volgend jaar tóch niet duurder
    Prijzen van treinkaartjes en abonnementen van NS stijgen komend jaar toch niet. Eerder riep een Kamermeerderheid het demissionaire kabinet al op om geld uit te trekken om de verwachte prijsstijging van bijna 9 procent te schrappen.  ( 9 min )
    Mensen die minder gaan werken denken meestal niet na over hun pensioen
    De meeste mensen die onlangs minder zijn gaan werken, weten niet welke invloed dat heeft op de hoogte van hun pensioen. Ze kijken naar het veranderende inkomen op dit moment, maar zoeken niet uit wat ze daardoor minder krijgen na hun pensionering.  ( 9 min )
    Trein wordt in januari niet duurder, maar in 2025 mogelijk alsnog
    Prijzen van treinkaartjes en abonnementen van NS stijgen komend jaar toch niet. Eerder riep een Kamermeerderheid het demissionaire kabinet al op om geld uit te trekken om de verwachte prijsstijging van bijna 9 procent te schrappen.  ( 9 min )
    Nintendo blijft flink profiteren van nieuwe Zelda en de Mario-film
    Nintendo verdient veel geld aan de Super Mario Bros. Movie. Ook de vraag naar het spel The Legend of Zelda: Tears of the Kingdom blijft groot. Het succes van deze titels zorgde voor meer verkopen van games en Switch-consoles.  ( 9 min )
    KPN pompt 4,5 miljard euro in 5G, glasvezel en kunstmatige intelligentie
    Telecombedrijf KPN is van plan om tot en met 2027 ruim 4,5 miljard euro te investeren in zijn 5G-netwerk, glasvezelnetwerk en kunstmatige intelligentie. Het bedrijf herhaalt dinsdag dat 80 procent van alle huishoudens eind 2026 op zijn glasvezelnetwerk aangesloten zal zijn.  ( 9 min )
    Bank UBS lijdt voor het eerst in jaren verlies na overname Credit Suisse
    UBS, de grootste bank van Zwitserland, heeft in het derde kwartaal van dit jaar zijn eerste kwartaalverlies geleden in bijna zes jaar. Het verlies van 785 miljoen dollar volgt op de samenvoeging met branchegenoot Credit Suisse.  ( 9 min )
    Kantoorverhuurder WeWork vraagt uitstel betaling aan en dreigt failliet te gaan
    De Amerikaanse aanbieder van gedeelde werkplekken WeWork heeft uitstel van betaling aangevraagd. Het is een nieuw dieptepunt voor het bedrijf dat in 2019 nog is gewaardeerd op 47 miljard dollar, maar inmiddels al langere tijd met problemen kampt.  ( 8 min )
    Inflatie zakt onder het nulpunt dankzij hoge energieprijzen van vorig jaar
    De gemiddelde prijzen van onder meer energie, voeding en producten liggen eindelijk lager dan een jaar eerder. Maar wie voordelig uit denkt te zijn, komt bedrogen uit. De inflatie is alleen negatief doordat de energieprijzen een jaar eerder door het dak zijn gegaan.  ( 9 min )
    Inflatie zakt tot onder het nulpunt dankzij hoge energieprijzen vorig jaar
    De gemiddelde prijzen van onder meer energie, voeding en producten liggen eindelijk lager dan een jaar eerder. Maar wie voordelig uit denkt te zijn, komt bedrogen uit: de energieprijzen schoten een jaar eerder door het dak.  ( 9 min )
  • Open

    Planet Fitness Shares Rise, Boosted by Membership and Store Growth
    Planet Fitness shares powered higher as membership additions helped the fitness center operator beat profit and sales estimates.  ( 1 min )
    Kinder Morgan to Acquire NextEra's South Texas Gas Pipelines for $1.82 Billion
    In its latest acquisition, Kinder Morgan announced plans to purchase NextEra Energy Partner’s South Texas pipeline system for $1.82 billion.  ( 1 min )
    WeWork Files for Bankruptcy Amid Office Market Slump
    Office space rental company WeWork filed for bankruptcy, with the company indicating it would continue to operate as it renegotiates its leases and debt obligations.  ( 1 min )
    Microsoft-Backed ChatGPT Maker OpenAI Unveils Faster, Cheaper AI Model
    ChatGPT maker OpenAI unveiled its most powerful artificial intelligence model yet at its developer conference Monday, in a move that could help the startup push ahead of rivals.  ( 1 min )

  • Open

    A Short History of the US Federal Trade Commission (FTC)
    Since the early 1900s, the Federal Trade Commission (FTC) has been preventing anticompetitive, deceptive, and unfair business practices.  ( 24 min )
    Is the CFA Worth the Effort?
    Find out if all of the effort devoted to obtaining the CFA is worth it, especially in today's crowded financial job market.  ( 20 min )
    Are There Minimums to Contribute to My 401(k) Plan?
    Deciding how much to put into a 401(k) account can be tricky. There are guidelines to ensure that you are investing what you need, so you can retire in comfort.  ( 25 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 22 min )
    The New York City Economic Tracker: October 16, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    Top CDs Today: The 3 Best Nationwide Rates are 6.50%, 6.18%, and 6.14%
    Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 19 min )
    Investors Plowed into Bets Against U.S. Treasurys—and Likely Paid For It
    Investors plowed into bets against U.S. Treasurys in recent weeks—and now they're likely paying for it.  ( 19 min )
    Microsoft-Backed ChatGPT Maker OpenAI Unveils Faster, Cheaper AI Model
    ChatGPT maker OpenAI unveiled its most powerful artificial intelligence model yet at its developer conference Monday, in a move that could help the startup push ahead of rivals.  ( 17 min )
    Personal Loan Rates & Trends, Week of Nov. 6, 2023; Rates Spike Upward
    Personal loan rates moved up to 21.39% this week, adding 26 basis points since last week when the average personal loan rate stood at 21.13%.  ( 18 min )
    S&P 500 Gains and Losses Today: Upgrades Help Lift Dominion Energy and Clorox Shares
    The S&P 500 rose 0.2% on Monday, Nov. 6, 2023, ahead of some of the last major corporate earnings reports for the third quarter.  ( 16 min )
    Investors Still Cautious as Geopolitics, High Interest Rates Cloud Their Outlook
    Individual investors remain as cautious as they’ve been all year despite the recent rally for stocks as concerns about the Middle East and higher interest rates weigh in sentiment.  ( 18 min )
    ETFs and Wash-Sale: The Tax Loophole
    ETFs avoid the wash sale rule because they are often tied to an index and not a "substantially identical" security.  ( 23 min )
    Young Adults Are Running Out Of Cash To Pay Emergency Expenses
    Americans—especially young adults—are increasingly going into debt to pay emergency expenses as required payments on federal student loans resume and inflation squeezes household budgets.  ( 18 min )
    Bumble Shares Drop as Founder Whitney Wolfe Herd Will Resign as CEO January 2
    Bumble founder Whitney Wolfe Herd will resign as CEO of the company, effective January 2.  ( 17 min )
    Why Homebuilders Can’t Meet Demand For New Homes—Its Too Expensive
    Home builders are attempting to meet the demand left by so few existing homes on the market, but interest rates and inflation are keeping them from fully releasing that pressure.  ( 18 min )
    2024 Industry Conferences for Financial Advisors
    Upcoming conferences cover everything from estate planning to wealth management, have a wide diversity of offerings, and are available in a host of formats: in person, online, and hybrid.  ( 29 min )
    DISH Shares Plunge to 25-Year Low as Subscribers Decline and It Sells Off Assets
    DISH Network reported a surprise loss as it lost subscribers, and shares plunged to a 25-year low.  ( 17 min )
    The 11 Worst Retirement Mistakes: Sidestep Them
    Learn how you can avoid these 11 common financial mistakes with your retirement savings.  ( 28 min )
    Rising Insurance Rates Could Make Home Buying Less Affordable
    With mortgage rates approaching 8%, an additional nearly $150 a month for insurance could push homeownership out of the budget range for would-be homeowners.  ( 18 min )
    Gift: Meaning, Tax Considerations, Example
    A gift is something of value that is given without something of equal value being exchanged in return and, in some instances, is subject to tax.  ( 24 min )
    African Development Bank (ADB): Meaning, Achievements, Goals
    The African Development Bank (ADB) is a financial institution that enables economic and social development throughout the continent.  ( 24 min )
    Gift of Equity: What It Is, How It Works, Taxes, and Pros & Cons
    A gift of equity is the sale of a home below the current market value. The buyer is usually someone with whom the seller has a familial relationship.  ( 28 min )
    Investors Rely on Independent Advisors More Than Ever Before, Report Shows
    Investors are relying increasingly on independent advisors for help in managing their finances, a report from Cerulli Associates showed, with the trend especially pronounced among younger investors.  ( 18 min )
    Capital Account Explained: How It Works and Why It's Important
    In economics, the capital account is the part of the balance of payments that records net changes in a country’s financial assets and liabilities.  ( 26 min )
    Medicare Mistakes to Avoid
    Sorting through Medicare Plan A, Medicare Plan B, Medicare Plan C, and Medicare Plan D can be confusing. Here are some mistakes to avoid.  ( 27 min )
    What Is a Mortgage? Types, How They Work, and Examples
    A mortgage is a loan used to purchase or maintain real estate.  ( 30 min )
    Hospital Insurance Trust Fund: Medicare Part A
    The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 23 min )
    Medicare Hold Harmless Provision: What It Is, How It Works
    The Medicare hold harmless provision keeps Social Security benefits from decreasing year over year as a result of higher Medicare Part B premiums.  ( 25 min )
    US Markets Extend Gains at Midday After Last Week's Rally Amid Interest Rate Optimism
    U.S. equities edged higher at midday on Monday, Nov. 6, 2023, extending gains after last week's rally amid optimism the Fed could be done raising interest rates to fight inflation.  ( 18 min )
    Post-Retirement Risk Definition
    Post-retirement risk is the potential damage to financial security that a retired individual could encounter.  ( 26 min )
    BioNTech Posts a Profit, While Cutting Its Full-Year COVID Vaccine Sales Outlook
    BioNTech posted a surprise quarterly profit, and sales exceeded estimates, sending its ADRs higher.  ( 18 min )
    Charitable Contribution Deduction: Rules and Changes for 2022 and 2023
    Unlike the special 2021 rules for charitable contributions, the 2022 and 2023 rules require donors to itemize their deductions to claim any charitable contribution deductions. The AGI limit, which was 100% in 2021, goes back to 60% for cash donations for qualified charities.  ( 30 min )
    30-Year Mortgage Rates Drop Four Days in a Row, Sink to 5-Week Low
    Rates on 30-year mortgages rates have plunged almost a half percentage point over the last four days, lowering the 30-year average to its cheapest level since September.  ( 19 min )
    Ryanair Predicts Record Profits and Will Pay a Dividend as Demand and Fares Rise
    Ryanair shares surged after saying it anticipates full-year earnings to reach an all-time high and announced its first-ever dividend.  ( 17 min )
    Incentive Distribution Rights (IDR): What It is, How It Works
    Incentive distribution rights (IDR) in a limited partnership give a general partner an increasing share of the incremental cash flow.  ( 22 min )
    What Is Cyber Monday, History, and Milestones?
    Cyber Monday is the Monday following American Thanksgiving, representing the day online retailers offer deep discounts.  ( 26 min )
    What Is the Accounting Equation, and How Do You Calculate It?
    The accounting equation defines a company's total assets as the sum of its liabilities and shareholders' equity.  ( 28 min )
    How Stratified Random Sampling Works, with Examples
    Stratified random sampling is a method of sampling that involves the division of a population into smaller groups known as strata.  ( 28 min )
    Setting up for the Stock Market's Best Six-Month Stretch
    Jeff Hirsch, editor of The Stock Trader's Almanac, joins the show to discuss why seasonality matters for investors, and why the next six months are usually the strongest of the year. Plus, how his father, Yale Hirsch, developed the Almanac.  ( 21 min )
    Charitable Donation: Definition, Examples, Tax Deduction Rules
    A charitable donation is a gift of cash or property to a nonprofit organization. American taxpayers can deduct such donations up to an annual cap.  ( 24 min )
    How High Interest Rates Are Affecting Every Corner of Business—What CEOs Are Saying
    High interest rates, driven by the Federal Reserve’s campaign of anti-inflation rate hikes are affecting companies that sell mortgages, chemicals, facelift machines, vacations, and pretty much anything else you can imagine.  ( 20 min )
    Charitable Contributions Deduction
    The charitable contributions deduction allows taxpayers to deduct cash and property contributions to qualified charities, within limits.  ( 23 min )
    Can You Grow an IRA to Millions or Even Billions?
    Though the IRS puts strict limits on how much you can contribute to an IRA annually, and limits on how much you can earn to open a Roth IRA, there are loopholes to be exploited.  ( 28 min )
    5 Things to Know Before Markets Open
    Dish Network shares tumbled after the TV provider reported subscriber losses, while BioNTech and Ryanair shares surged after reporting better-than-expected results. Here’s what investors need to know today.  ( 18 min )
    How To Invest in Sports Teams and Groups
    Lots of people dream about sports ownership. Here are some ways you can get into the game.  ( 24 min )
    Reasons Your 401(k) Is Not Enough for Retirement
    Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )
    IRA vs. Certificate of Deposit: What's the Difference?
    An IRAs and a certificate of deposit are two types of investments, one geared toward retirement and the other suitable for short-term savings.  ( 27 min )
    Why 3x ETFs Are Riskier Than You Might Think
    Understand 3x exchange traded funds (ETFs) and their key risks. Learn how compounding can affect returns.  ( 24 min )
    When Your Employer Cuts Your 401(k) Match
    In hard times companies may stop matching your 401(k) contribution, but there are ways to offset the hit.  ( 24 min )
    A Study on the Wealth Effect and the Economy
    The theory that the wealth effect spurs consumption makes sense. Who wouldn't spend money when sitting on big gains, even if they're only on paper?  ( 26 min )
    Single-Stock ETF Definition
    Single-stock ETFs are a new exchange-traded product that allows for leveraged or inverse trading of single stocks.  ( 26 min )
    Is a Vanguard SEP IRA Account Right for You?
    Learn about the SEP IRA offered by Vanguard and why it is popular with many small business owners.  ( 23 min )
    SIMPLE IRA: Definition, How Small Businesses Use, and Drawbacks
    A SIMPLE IRA is a retirement savings plan that can be used by most small businesses with 100 or fewer employees.  ( 20 min )
    Can I Have More Than One IRA?
    IRAs are an important part of a retirement savings strategy. Here are some of the rules governing these accounts.  ( 22 min )
    Can I Access Money in My 401(k) If I Am Unemployed?
    Unemployed individuals can take money out of their 401(k), but they should do so carefully. Here's how to make 401(k) withdrawals when unemployed.  ( 26 min )
    What Are Some of the Drawbacks of Industrialization?
    Learn about the major drawbacks of industrialization such as growing wealth disparities, environmental damage, and exploitation of child labor.  ( 23 min )
    Strategies to Maximize Your 401(k) and Top Tips
    Maximizing your 401(k) involves understanding the investments offered, which are best suited for you, and how to manage them, among other strategies.  ( 31 min )
    Strategies for Your Roth 401(k)
    Here’s how to take advantage of the special tax and withdrawal rules on Roth 401(k) retirement plans to get the most from your investment.  ( 27 min )
    What are the most common ETFs that track the oil and gas drilling sector?
    Learn about three of the most common ETFs that track the oil and gas drilling sector: the XOP, the IEO and the PXE. Explore different ETF performance records.  ( 22 min )
  • Open

    Warren Buffett swapped cash for bonds, sold a chunk of Chevron, and sped up buybacks in October. Here are 3 tasty nuggets from Berkshire Hathaway's earnings.
    Warren Buffett said investors have to "look pretty hard" to unearth the hidden gems in Berkshire's earnings reports. We found three of them.  ( 35 min )
    Dow Jones Futures: Market Rally Continues; 7 Best Stocks To Buy And Watch
    No content preview
    Vertex Pharma misses sales estimates on weak demand for older CF treatments
    The drugmaker recorded a 35.4% fall in sales of its older CF treatments to $209.2 million. Cystic fibrosis, affecting around 100,000 people globally, is an inherited disorder that causes severe damage to the lungs, digestive system and other organs. Vertex said it now expects annual sales of about $9.85 billion from its CF treatments, compared with LSEG estimates of $9.86 billion.  ( 33 min )
    Capital One faces lawsuit from savers left behind amid rate hikes
    Longtime customers of Capital One's online banking arm thought they were getting the best possible rate, according to a lawsuit. Little did they realize, they say, that they needed to open a new account in order to benefit from interest rate increases.  ( 35 min )
    Top CDs Today: The 3 Best Nationwide Rates are 6.50%, 6.18%, and 6.14%
    Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 21 min )
    Warren Buffett Isn’t Buying Bonds Even as Rates Surge
    Berkshire Hathaway CEO Warren Buffett has long favored stocks over bonds, a smart view given the historical outperformance of stocks.  ( 25 min )
    Kinder to Buy NextEra’s South Texas Gas Pipes for $1.8 Billion
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    Citigroup's managers and consultants working on CEO Jane Fraser's reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people with knowledge of the process. The bank did not immediately respond to a Reuters request for comment. Citi had said in September it would strip out a layer of management and cut jobs in a sweeping reorganization that would give Fraser more direct control as she seeks to simplify the Wall Street giant and boost its stock price.  ( 33 min )
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    BioNTech Earnings Beat. Pfizer’s Vaccine Partner Battles Covid Downturn.
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    BioNTech has cut its 2023 revenue target by about 1 billion euros ($1.1 billion) on lower demand for the COVID-19 vaccine made with Pfizer but said the impact from write-downs at its U.S. partner was less then initially thought. In a statement on Monday, the German biotech company cut its outlook for full-year COVID-19 vaccine revenues to about 4 billion euros from 5 billion previously expected and the 17.2 billion reported last year. BioNTech, which relies on vaccine-related profit share payments from its U.S. partner for much of its revenues, said that write-downs reported by Pfizer in mid-October would reduce its third-quarter revenues by 508 million euros, compared with up to about 900 million initially flagged.  ( 33 min )
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    Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 34 min )
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    Lyft's price cuts may have helped the ride-hailing firm make a small dent in Uber's U.S. market share, but not enough to prevent the bigger rival from reporting its second quarterly operating profit. After the slowest sales increase in the second quarter in two years, Lyft is expected to post a bigger growth story in the September quarter as it attracted more riders with lower prices. The average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analytics firm YipitData, a big change since February, when both the companies were charging nearly the same price.  ( 34 min )
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    Even if savers are happy to absorb mounting public-debt piles, today’s financial plumbing may be too creaky to bear it.  ( 27 min )
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    Wall Street strategists and analysts have struggled to get recent market moves right. And there's no problem with that.  ( 36 min )
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    (Bloomberg) -- The S&P 500 Index’s best week in a year was just a bear market rally, according to Morgan Stanley’s top-ranked strategist.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesTechnical and fundamental support is m  ( 33 min )
    These Stocks Are Moving the Most Today: Berkshire Hathaway, Tesla, Disney, BioNTech, Dish, and More
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    Korea Slams Banks, Hedge Funds With Ban on Short Selling Ahead of Elections
    (Bloomberg) -- Short sellers are facing the heat in South Korea once again, with regulators reimposing a full ban on the practice of selling borrowed shares in a controversial move that’s come just months before general elections.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael  ( 36 min )
    U.S. Bank, KeyBank may be next on the WhatsApp hit list
    A look at SEC filings from last week signal looming record-keeping penalties and a broadening probe of COVID-era unemployment benefits at the nation's largest “super-regional.”  ( 35 min )
    BlackRock’s Boivin Says High Rates Still a Threat to Stock Rally
    (Bloomberg) -- Any year-end rally in stocks could prove short-lived because equities don’t fully reflect the outlook for rates remaining higher for longer, according to Jean Boivin, who heads the research arm at BlackRock Inc.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s F  ( 34 min )
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    UPDATE 3-Tesla to build 25,000-euro car at German plant - source
    Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. The source, who declined to be named, did not specify when production will begin. Tesla declined to comment.  ( 33 min )
    Wave of cancellations in German housing construction at new high -Ifo
    Germany's residential construction sector was again hit by a wave of cancellations in October, according to a survey published on Monday that showed a record number of firms reporting abandoned projects. "It's getting worse all the time, with more and more projects failing due to higher interest rates and elevated construction prices," says Klaus Wohlrabe, Ifo head of surveys. "In residential construction, new business remains very low and companies' order backlogs are diminishing."  ( 32 min )
    Tesla to build 25,000-euro car at German plant - source
    Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. The source, who declined to be named, did not specify when production will begin. Tesla declined to comment.  ( 31 min )
    Ryanair to Pay Dividend in 2024 After Profit Soared
    Ryanair posted a sharply higher net profit for the first half 2024 as traffic grew 11%, forecast a record annual profit of up to €2 billion and said it would pay regular dividends starting next year.  ( 26 min )
    Foreign Firms Pull Billions in Earnings Out of China
    For years, foreign companies plowed the profits they made in China back into the country. Not anymore.  ( 28 min )
    Marketmind: Rate cut prospects fuel stock rally
    It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight to pricing in early cuts. That is not to say Europe is faring any better, many analysts look for the EU to enter recession this quarter.  ( 33 min )
    Gold slips as yields tick higher, Powell speech in focus
    Spot gold was down 0.4% at $1,983.49 per ounce by 0444 GMT after rising above the key $2,000 level on Friday. U.S. gold futures fell 0.4% to $1,990.60. "The major factor that will influence gold in the near-term will be the U.S. 10-year Treasury yields... if you start to see resurgence in yields, gold could break below the key support level around $1,974," said Kelvin Wong, senior market analyst for Asia Pacific at OANDA.  ( 33 min )
    Telecom Italia Board Accepts KKR’s $20 Billion Offer for Network Assets
    Telecom Italia has approved the sale of its fixed-line network to KKR, part of a plan by the former monopoly to reduce increasingly unmanageable amounts of debt.  ( 28 min )
    Morgan Stanley Says Oil at $110 Could Prompt RBI to Hike Again
    (Bloomberg) -- Morgan Stanley estimates a sustained oil price of $110 a barrel could undermine India’s economic stability, likely forcing the central bank to resume hiking interest rates.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons  ( 34 min )
    China's first deficit in foreign investment signals West's 'de-risking' pressure
    China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments. Direct investment liabilities - a measure of FDI - were a deficit of $11.8 billion during the July-September period, according to preliminary data of China's balance of payments released late on Friday. That's the first quarterly shortfall since China's foreign exchange regulator began compiling the data in 1998, which could be linked to the impact of "de-risking" by Western countries from China amid growing geopolitical tensions.  ( 32 min )
    Battery Metals Lose Luster as Surge in Supply Outpaces Demand
    (Bloomberg) -- In the fast-moving world of battery metals, 2022 already feels like a bygone era. Back then, prices were soaring, automakers were fretting about long-term shortages and Elon Musk was describing lithium costs as “insane.”Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesI  ( 36 min )
    Hedge Funds Catapulted Treasury Shorts to Record at Wrong Time
    (Bloomberg) -- Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data spurred a rally. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesLeveraged f  ( 33 min )
    How to Know When It’s Time to Retire
    Ask yourself the right questions to tell whether you’re ready to close the chapter on your career.  ( 23 min )
    Elon Musk Debuts ‘Rebellious’ Grok AI Bot to Challenge ChatGPT
    (Bloomberg) -- Elon Musk revealed his own artificial intelligence bot to challenge ChatGPT, claiming the prototype is already superior to ChatGPT 3.5 across several benchmarks.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia Tie  ( 33 min )
    Dollar steady but remains vulnerable after Fed steer
    Major global currencies were steady early on Monday but seemed poised to extend last week's uptrend as the dollar nursed its losses after the Federal Reserve dialled down its hawkish rhetoric. The dollar index was flat at 105.11, with the euro at $1.0726. The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low.  ( 34 min )
    South Korean Stocks Jump After Regulator Bans Short Selling
    (Bloomberg) -- South Korean stocks surged following the nation’s move to reimpose a full ban on short-selling for about eight months as authorities look to stomp out illegal use of the trading tactic in order to curb market turmoil.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsra  ( 32 min )
    The battle for the future of car manufacturing: Toyota takes on Tesla’s gigacasting
    Japanese carmaker is working on new approach as it aims for massive ramp-up of EV production  ( 6 min )
    Asia Stocks Gain on Bullish Tailwind From US Rally: Markets Wrap
    (Bloomberg) -- Shares in Asia were primed to advance after Friday’s rally in US stocks and bonds as investors gave further credence to the idea interest rates are near the cycle peak.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Rus  ( 34 min )
    Oil nudges higher after Saudi Arabia, Russia stick to output cuts
    Oil prices edged up on Monday after top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Brent crude futures rose 41 cents, or 0.5%, to $85.30 a barrel by 0000 GMT while U.S. West Texas Intermediate crude was at $81.05 a barrel, up 54 cents, or 0.7%. In line with analysts' expectations, Saudi Arabia confirmed it would continue with its additional voluntary cut of 1 million barrels per day (bpd) translating into a production of around 9 million bpd for December, a source at the ministry of energy said in a statement.  ( 34 min )
    The Price of Money Is Going Up, and It’s Not Only Because of the Fed
    (Bloomberg) -- What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it was falling. Now it’s going up. Ask most people how the price of money is set, and they’ll say central banks. True, when it comes to direct control of US interest rates, the Federal Reserve calls the shots. But there’s a deeper logic at work. Fundamentally, the price of m  ( 37 min )
  • Open

    Italiaanse rechter laat beslag leggen op 779 miljoen euro van Airbnb
    Een rechter in Italië heeft opdracht gegeven beslag te leggen op 779 miljoen euro van verhuurplatform Airbnb. Het bedrijf wordt ervan verdacht tussen 2017 en 2021 geen belasting te hebben afgedragen over de opbrengsten uit verhuur.  ( 9 min )
    Miljardair Hans Melchers op 85-jarige leeftijd overleden
    De Gelderse oud-zakenman en miljardair Hans Melchers is dit weekeinde op 85-jarige leeftijd overleden, meldt Museum MORE op de website. Melchers was de oprichter van het museum in het Gelderse Gorssel.  ( 9 min )
    Weer een kabel geraakt in de Oostzee, deze keer is het Russisch bezit
    Opnieuw is een onderzeese kabel in de Oostzee beschadigd geraakt, melden Finse autoriteiten. Het gaat om een Russische telecomkabel, die momenteel wordt gerepareerd door een Russisch schip.  ( 9 min )
    Oudste frisdrankbedrijf van Egypte leeft op door boycot westerse producten
    De Egyptische frisdrankenproducent Spiro Spathis lijkt voorlopig van de ondergang gered door de strijd in Gaza. Het meer dan honderd jaar oude bedrijf profiteert van een oproep in het Midden-Oosten om westerse merken niet langer te kopen.  ( 9 min )
    In het moderatieteam van X heeft maar één persoon Nederlands als hoofdtaal
    Het sociale medium X heeft één persoon in het moderatieteam van wie Nederlands de eerste taal is. Dit team bekijkt welke (gerapporteerde) berichten wel of niet aan de regels van het voormalige Twitter voldoen.  ( 9 min )
    Chemiebedrijf Sabic wacht mogelijk boete van 25 miljoen na dodelijk ongeval
    Het Openbaar Ministerie (OM) eist 25 miljoen euro tegen petrochemiereus Sabic Limburg in Geleen. Sabic wordt verdacht van een opeenstapeling van onveilige werkprocessen. Daardoor raakten drie werknemers gewond, waarvan er één overleed.  ( 11 min )
    Chemiebedrijf Sabic wacht mogelijk megaboete na ongevallen waarbij dode viel
    Het Openbaar Ministerie (OM) eist 25 miljoen euro tegen petrochemiereus Sabic Limburg in Geleen. Sabic wordt verdacht van een opeenstapeling van onveilige werkprocessen. Daardoor raakten drie werknemers gewond, waarvan er één overleed.  ( 10 min )
    Website ov-chipkaart minder bereikbaar door aanval Russische hackers
    De website van de ov-chipkaart is sinds zaterdag verminderd bereikbaar na een ddos-aanval. Inmiddels is de aanval verholpen, zegt een woordvoerder van Translink, het bedrijf achter de ov-chipkaart. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )
    Acht vestigingen van failliet BCC worden MediaMarkt
    MediaMarkt heeft goedkeuring gekregen om acht winkels van het failliete BCC over te nemen. Volgens toezichthouder ACM blijft er na de overname genoeg concurrentie over.  ( 9 min )
    Grondstoffen voor accu's in elektrische auto's zijn veel goedkoper geworden
    De prijzen van belangrijke grondstoffen voor het maken van batterijen voor elektrische auto's zijn dit jaar flink gedaald. Zo ging de prijs van lithium met bijna 70 procent omlaag en nikkel is ongeveer 40 procent goedkoper geworden.  ( 10 min )
    Fors duurder ticket, maar méér reizigers: miljardenwinst voor 'prijsvechter' Ryanair
    Ondanks flink duurdere tickets stapten meer reizigers afgelopen zomer aan boord bij Ryanair dan in dezelfde periode vorig jaar. Dat levert de prijsvechter een winststijging op van bijna 60 procent.  ( 9 min )
    Politie haalt steeds meer frauderende webshops offline
    Dit jaar zijn al duizend webwinkels offline gehaald wegens online fraude, blijkt uit cijfers van de politie. Dat is ruim 30 procent meer dan in heel 2022.  ( 9 min )
    MediaMarkt mag acht winkels van failliete concurrent BCC overnemen
    MediaMarkt heeft goedkeuring gekregen om acht winkels van het failliete BCC over te nemen. Volgens toezichthouder ACM blijft er na de overname genoeg concurrentie over.  ( 8 min )
    Website ov-chipkaart onbereikbaar door aanval Russische hackers
    De website van de ov-chipkaart is zaterdag niet bereikbaar door een ddos-aanval, dat zegt een woordvoerder van het bedrijf achter de ov-chipkaart, Translink. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )
    Meer reizigers voor prijsvechter Ryanair ondanks duurdere ticketprijzen
    Ondanks flink duurdere tickets stapten meer reizigers afgelopen zomer aan boord bij Ryanair dan in dezelfde periode vorig jaar. Dat levert de prijsvechter een winststijging op van bijna 60 procent.  ( 9 min )
    Minder voormalige kantoorpanden worden omgebouwd tot woningen
    Vorig jaar zijn veel minder kantoren omgebouwd tot een woning dan in 2021. Voor het eerst sinds 2015 zijn minder dan tienduizend panden in huizen veranderd.  ( 9 min )
    Nederlanders versturen minder pakketjes en brieven en dat voelt PostNL
    PostNL blijft last houden van consumenten die door de hoge inflatie minder uitgeven. Daardoor heeft de post- en pakketbezorger het afgelopen kwartaal iets minder pakketten verwerkt dan een jaar eerder. Ook sturen we elkaar steeds minder brieven.  ( 3 min )
    Praat mee | Hoe bespaar jij op water? Praat mee over watergebruik
    Het RIVM waarschuwt dat er tegen 2030 een drinkwatertekort dreigt te ontstaan. Er valt nog veel te leren als het aankomt op het opslaan van water, maar we kunnen zelf ook ons steentje bijdragen. Hoe ziet jouw watergebruik eruit? Houd jij je bezig met water besparen? Heb je een regenton in de tuin of douche je kort? Deel je tips en ervaringen in de reacties.  ( 8 min )
    Turkije lijkt sluiproute voor Nederlandse export sinds Russische sancties
    De export van Nederlandse producten aan Turkije is enorm gegroeid in de afgelopen twee jaar. Sinds de Russische inval in Oekraïne mogen sommige producten niet meer aan Rusland worden verkocht, zoals vrachtwagens en rekenmachines. Nederlandse bedrijven lijken Rusland via Turkije alsnog te bereiken.  ( 9 min )
    Turkije blijkt goede klant van Nederland sinds export aan Rusland verboden is
    De export van Nederlandse producten aan Turkije is enorm gegroeid in de afgelopen twee jaar. Sinds de Russische inval in Oekraïne mogen sommige producten niet meer aan Rusland worden verkocht, zoals vrachtwagens en rekenmachines. Turkije heeft wel interesse.  ( 9 min )
    We vliegen steeds meer, maar wel minder dan voor de coronapandemie
    In het derde kwartaal vlogen er bijna 21 miljoen passagiers van en naar Nederlandse luchthavens. Dat is 11 procent meer dan in dezelfde periode in 2022. Sinds 2020 vliegen we elk jaar meer, maar voor de coronapandemie vlogen we nog vaker.  ( 9 min )
  • Open

    US Markets Extend Gains at Midday After Last Week's Rally Amid Interest Rate Optimism
    U.S. equities edged higher at midday on Monday, Nov. 6, 2023, extending gains after last week's rally amid optimism the Fed could be done raising interest rates to fight inflation.  ( 1 min )
    Dow Jones Today: Stock Futures Waver, Bonds Slip After Last Week's Rally
    Stock futures were slightly higher, though fighting for gains, in premarket trading Monday after equities last week posted their best week of the year.  ( 1 min )
    5 Things to Know Before Markets Open
    Dish Network shares tumbled after the TV provider reported subscriber losses, while BioNTech and Ryanair shares surged after reporting better-than-expected results. Here’s what investors need to know today.  ( 1 min )

  • Open

    Tesla raises wages 4% for German workers amid union pressure - WSJ
    Tesla's management in Germany last week unveiled a package of wage increases for workers, raising salaries by 4%, during Elon Musk's visit to the Gigafactory on the outskirts of Berlin, The Wall Street Journal reported on Sunday, citing people familiar with the matter.  ( 32 min )
    Westpac Announces Buyback, Raises Dividend Following Strong Results
    Westpac said its annual net profit rose by 26% underpinned by growth in key divisions, with the company launching a $980 million share buyback and increasing its dividend.  ( 27 min )
    Stocks Poised to Open Higher
    No content preview  ( 22 min )
    Marketmind: Risk on Monday, China 'data dump' looms
    Asia is poised to start this week as it finished last week, with risk assets and investor sentiment buoyed by growing confidence in the U.S. economic 'soft landing', and easing financial conditions from the slide in the dollar and U.S. bond yields. The regional economic and policy events calendar this week is jammed with top-tier releases which are sure to give local assets strong steers, especially from China. October's import and export figures are released on Tuesday, and Thursday sees the release of bank lending and credit, money supply, producer price inflation and consumer price inflation, all for October also.  ( 34 min )
    November is typically the best month for stocks. A quirk among mutual funds may explain the weird phenomenon and point to big gains into year's end
    Mutual funds manage more than $20 trillion in assets, so tax-loss selling in late October could drive big shifts in the stock market at year-end.  ( 33 min )
    Clean energy is the future, but stocks aren't acting like it. Here's why.
    No content preview
    Legendary investor Charlie Munger blasted gamblers, touted Heinz and Hermès, and revealed Warren Buffett's views in a rare interview this week. Here are his 22 best quotes.
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    FedEx tells pilots to switch to American Airlines feeder operator
    FedEx pilots are experiencing significant pay decreases because there isn’t enough flying to go around. The company is pushing cockpit crews to take jobs at a regional passenger airline. The post FedEx tells pilots to switch to American Airlines feeder operator appeared first on FreightWaves.  ( 39 min )
    A $1.8 billion earthquake just hit the real estate industry
    A seismic decision in a massive class-action lawsuit could save home buyers and sellers billions of dollars each year. But the fight is far from over.  ( 37 min )
    How to Make Early Retirement a Reality
    Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )
    Iowa bank failure tied to bad trucking loans
    Trucking bloodbath expands to lenders as industry experiences one of the sharpest downturns in history. The post Iowa bank failure tied to bad trucking loans appeared first on FreightWaves.  ( 34 min )
    Yes, It Is Harder to Get a Mortgage If You're a Senior. But Here's How to Stack the Deck in Your Favor
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    I'm a Senior. How Can I Increase My Retirement Income?
    No content preview
    $10 Million Will Last This Long If You Retire at 45
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    How Long Will $10 Million Last Me If I Retire at 50?
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    Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
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    6 Strategies to Help Lower RMD Taxes
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    Charles Schwab’s Rocky Year in Five Charts
    The largest publicly traded U.S. brokerage is among the worst-performing stocks in the S&P 500 this year.  ( 23 min )
    Stocks look to build on best week in a year: What to know this week
    Investors will look to continue a rally sparked by declining bond yields and further confidence in the Fed's path forward in the coming week.  ( 36 min )
    If Interest Rates Are Peaking, What Investments Are Likely to Do Best?
    Judging from past rate plateaus, it may pay to bet on small-cap and growth stocks—and to do it early.  ( 27 min )
    Big Pension Sold Nvidia, Intel, Ford, and GM Stock
    No content preview  ( 25 min )
    What To Expect in the Markets Next Week
    Coming up next week: more earnings, updates on household credit, and consumer sentiment.  ( 21 min )
    Dow Jones Futures: What To Do After Big Market Rally; Warren Buffett Still Selling Stocks
    No content preview
    Markets Got an Unexpected Boost From Washington. Will It Mark a Turning Point?
    A surprising borrowing plan from the Treasury Department helped drive down bond yields and revive stocks.  ( 27 min )
    TipRanks’ ‘Perfect 10’ List: There’s an Opportunity Brewing in These 2 Top-Rated Stocks
    Every successful stock portfolio starts with the right stock choices, but how can investors find those? There are thousands of firms traded on the public markets, tens of thousands of traders hawking those shares, and multiple millions of daily transactions on Wall Street’s trading floors. The sheer volume of data presents a solid barrier to most investors. But that’s what data sorting tools were invented for – tools like the Smart Score. This is a sophisticated algorithm, using AI and natural l  ( 37 min )
    COLA boost for Social Security in 2024 still leaves seniors bleeding. Here's why.
    Social Security recipients will get a 3.2% COLA raise in 2024. All of it and more will likely be eaten by healthcare costs, leaving seniors in a hole.  ( 35 min )
    Microsoft: Year-to-date Inflows Send Shares Surging
    Microsoft Corp. (MSFT) shares keep rising, up 47% in 2023. Unusual money flows reveal why.  ( 33 min )
    PulteGroup: Relentless Inflows Send Shares Surging
    PulteGroup, Inc. (PHM) shares are surging, up 83% in 2023. Unusual money flows reveal why.  ( 33 min )
    South Korea to Ban Short-Selling of Stocks Until June 2024
    (Bloomberg) -- South Korea will prohibit stock short-selling from Monday until June 2024 to allow regulators to “actively” improve rules and systems, the Financial Services Commission said Sunday. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syr  ( 33 min )
    S.Korea to re-impose stock short-selling ban through June to 'level playing field'
    South Korea's financial authorities said on Sunday a ban on all short-selling will be re-imposed in the local stock market starting on Monday to help create a "level playing field" for both retail investors and institutional and foreign investors. The new restriction will go into effect on Monday, South Korea's Financial Services Commission (FSC) said in an announcement on Sunday. "The measure is aimed at fundamentally easing 'the tilted playing field' between institutional and retail investors," FSC Chairman Kim Joo-hyun told a news briefing.  ( 32 min )
    Bankers Seek Legal Cover After Backing $1.5 Trillion of ESG Debt
    (Bloomberg) -- Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria  ( 37 min )
    Bond Traders on Collision Course With Higher-for-Longer Mantra
    (Bloomberg) -- Bond investors and rates traders are increasingly betting interest-rate cuts will start by the summer, challenging policymakers’ mantra of high borrowing costs for the foreseeable future.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies i  ( 34 min )
    Japan’s scallop industry seeks safe harbour from China ban
    Investors say Beijing’s sanctions could offer an unexpected boost by creating a national champion  ( 6 min )
    Retirement in Canada vs. U.S.: What's the Difference?
    American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.  ( 30 min )
    Are Social Security Benefits a Form of Socialism?
    Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 31 min )
    Pimco, JPMorgan Are Gearing Up for Long Winter in China Markets
    (Bloomberg) -- This was supposed to be the year that China’s economy roared back to life and, in the process, turned the country’s stocks and bonds into must-buys for global investors once again.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria  ( 35 min )
  • Open

    An Introduction to Managed Futures
    Their inverse correlation with stocks and bonds make these investments worth getting to know.  ( 25 min )
    Microeconomics vs. Macroeconomics Investments
    Investors are better off ignoring macroeconomic forecasts and focusing instead on the lessons that microeconomics can teach them.  ( 25 min )
    What Is the Genesis Block in Bitcoin Terms?
    Learn more about the Genesis Block, the original Bitcoin block, created when the first bitcoin was mined in 2009.  ( 23 min )
    What a Layoff Means, Plus Statistics and an Example
    A layoff occurs when an employer suspends or terminates a worker, either temporarily or permanently, for business rather than performance reasons.  ( 26 min )
    How ETF Dividends Are Taxed
    Here's the rundown on how different ETF dividends are taxed.  ( 25 min )
    Bitcoin Years Later: Was the Nakamoto White Paper Right?
    Bitcoin keeps getting older, despite being declared dead many times. Here's a refresher and some thoughts on the whitepaper that started the cryptocurrency craze.  ( 30 min )
    The Biggest Oil Producers in Latin America
    Find out which countries produce the most oil in Latin America, and learn about some of the biggest oil companies operating in each country.  ( 24 min )
    4 Basic Facts to Know About IRAs
    Money in an individual retirement account (IRA) can work harder for you than money in a savings account. Here are some IRA facts you need to know.  ( 25 min )
    After-Tax Contribution: Definition, Rules, and Limits
    An after-tax contribution is a deposit into a retirement account of money that has been taxed in the year in which it was paid into the account.  ( 23 min )
    Simple Steps To Open an IRA
    Opening up an individual retirement account (IRA) is a simple move that will save you tax money today and help you save for tomorrow.  ( 24 min )
    How to Make Early Retirement a Reality
    Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )
    Energy ETF: What It Is and How To Invest
    Energy exchange-traded funds (ETFs) offer several ways to invest in the sector, from oil and gas companies to alternative energy sources.  ( 23 min )
    How to Retire Early
    If you're thinking about early retirement, you need to budget, save, invest, and plan ahead. Find out how to retire early so you can enjoy a longer retirement.  ( 26 min )
    Investing in Commodity ETFs
    Commodity ETFs enable investors to gain exposure to individual commodities or baskets of commodities in a relatively low-risk and cost-effective way.  ( 26 min )
    Green Monday: What It Is, How it Works, FAQs
    Green Monday refers to one of the retail industry's busiest shopping days, occurring on the second Monday in December.  ( 24 min )
    Who Is Charlie Shrem?
    Charlie Shrem is a Bitcoin advocate who spent time in prison for his involvement with the Silk Road black marketplace.  ( 25 min )
    Bitcoin Has a Regulation Problem
    Bitcoin, which has run afoul of regulators around the world, is slowly being accepted by some government agencies in many countries.  ( 24 min )
    Britney Spears' Memoir Has Sold Over 1 Million Copies—Here's Britney's Net Worth
    Spears' long-awaited memoir, The Woman In Me, sold 1.1 million copies (including pre-orders, print, e-books, and audiobooks) in the first week of its release on October 24. The pop icon has a net worth of about $60 million from her lucrative music career, perfume lines, and real estate portfolio.  ( 21 min )
    What To Expect in the Markets Next Week
    Coming up next week: more earnings, updates on household credit, and consumer sentiment.  ( 21 min )
    Retirement in Canada vs. U.S.: What's the Difference?
    American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.  ( 30 min )
    Are Social Security Benefits a Form of Socialism?
    Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 31 min )
  • Open

    Klimaatschadefonds iets dichterbij na gesprekken voorafgaand aan COP28
    Tijdens de VN-klimaatconferentie vorig jaar werden landen het eens dat er een klimaatschadefonds moet komen. Maar het was lang onzeker hoe dat eruit moet zien. Daarom gingen rijke en arme landen dit weekend in gesprek en werden concrete stappen gezet.  ( 9 min )
    Saoedi-Arabië en Rusland blijven bij verlaging eigen olieproductie
    Saoedi-Arabië en Rusland houden vast aan de verlaging van de olieproductie. Rusland gaf al eerder aan de vrijwillige verlaging van de olieproductie door te zetten.  ( 3 min )
    NU+ | Ondanks de natte dagen, dreigt er in 2030 een drinkwatertekort
    Afgelopen maand viel er ontzettend veel regen. Met een totale neerslag van 205 millimeter in de Bilt, is het de natste maand ooit gemeten. Door klimaatverandering worden onze winters bovendien regenachtiger. Toch dreigt er tegen 2030 een drinkwatertekort te ontstaan, hoe kan dat?  ( 9 min )
    Personeel in houthandel legt maandag opnieuw werk neer voor betere cao
    Werknemers in de Nederlandse houthandel leggen maandag opnieuw het werk neer. Dat melden vakbonden FNV en CNV. De bonden willen met de acties een betere cao afdwingen. De werkonderbreking is in navolging van de landelijke staking van 48 uur vorige week.  ( 9 min )
    ECB-president Lagarde denkt dat inflatie in 2025 genoeg is gedaald
    De inflatie in de eurozone zal in 2025 weer zijn teruggezakt naar de gewenste 2 procent. Dat voorspelt ECB-president Christine Lagarde in een interview met de Griekse krant Kathimerini.  ( 9 min )
    China gaat import opschroeven en wil meer zaken doen met buitenland
    China gaat meer buitenlandse goederen importeren. Ook zet het land de deur voor zaken met buitenlandse bedrijven verder open.  ( 8 min )
    President ECB denkt dat inflatie in 2025 doelstelling weer haalt
    De inflatie in de eurozone zal volgens president Christine Lagarde van de Europese Centrale Bank (ECB) in 2025 weer terug zijn gezakt naar de doelstelling van 2 procent. Dat zegt Lagarde in een interview met de Griekse krant Kathimerini.  ( 9 min )

  • Open

    Stress Testing in Value at Risk: Overview, Calculations
    Most Value at Risk models assume away extremely high levels of volatility. This makes VaR particularly poorly adapted, yet well-suited, for stress testing.  ( 23 min )
    Small Business Saturday
    Small Business Saturday is designed to encourage consumers to shop at small businesses.  ( 24 min )
    BND vs. AGG: Comparing Bond ETFs
    Bond exchange-traded funds (ETFs) combine the relative stability and portfolio diversification of bond mutual funds with the intra-day liquidity of stocks.  ( 24 min )
    Can You Be a Retirement Plan Educator?
    Taking a formal course on retirement planning can help you learn how to maximize your own plan or help others do the same.  ( 22 min )
    Should You HODL Bitcoin?
    Should you continue to Hold On For Dear Life (HODL), given the volatility of bitcoin prices? Or is it time to admit you made a mistake? Here's what the bears and bulls say.  ( 23 min )
    A Day In The Life Of An Economist
    Ever wondered what it was like to be an economist? Here's a look at what economists do, where they work, and what career paths lay before you.  ( 27 min )
    The Tax Deadline to Contribute to Your 401(k) Is the End of the Year
    Unlike IRA contributions, 401(k) contributions generally must be paid during the calendar year to be deductible from that year's income.  ( 23 min )
    Roth IRA Contribution and Income Limits: A Comprehensive Rules Guide
    In 2023, you can contribute up to $6,000, or $7,000 if you’re age 50 or older, to all of your Roth and traditional IRA accounts.  ( 32 min )
    UAW Outlines Deal with GM, Bringing an End to Stand Up Strike
    UAW has negotiated a 25% wage increase over the life of the contract, which runs to September 2027, according to Union leadership Saturday.  ( 18 min )
    Does a negative correlation between two stocks mean anything?
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    Bitcoin's Taproot Upgrade: What You Should Know
    Taproot—one of Bitcoin's most significant upgrades—was implemented on its network in November 2021. Here's a brief primer.  ( 21 min )
    Berkshire Hathaway's Cash Hoard Hit a Record. Here Are 4 Earnings Highlights
    Berkshire Hathaway reported its third-quarter earnings, which saw it's biggest cash hoard to date and a 40% increase in operating income.  ( 19 min )
    Saving for Retirement: The Quest for Success
    We'll show you how to set yourself up to retire in style.  ( 28 min )
    How America’s Love of Ordering Food Boosted DoorDash Earnings—And Its Stock
    Food delivery company and e-commerce retailer DoorDash posted earnings that beat analysts' expectations, as orders rose at a double-digit pace and the company drew more users onto its platform.  ( 18 min )
    Kangaroos Definition
    Kangaroos are slang for the stocks that comprise Australia's All-Ordinaries stock market index.  ( 21 min )
    Capital Employed: Calculation, How to Use It to Determine Return
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    What Is Business Risk? Definition, Factors, and Examples
    Business risk is the exposure a company or organization has to factor(s) that can lower its profits or lead it to fail. Learn how risk is created and how to avoid it.  ( 26 min )
    Who Is Sam Bankman-Fried?
    Sam Bankman-Fried was co-founder and ex-CEO of bankrupt cryptocurrency exchange FTX before its sudden collapse in November 2022. He now faces criminal fraud charges.  ( 28 min )
  • Open

    How The U.S. Is Pumping More Oil With Fewer Rigs
    Despite a decrease in active drilling rigs, U.S. crude oil production reached a record average of 13.05 million barrels per day in August 2023 thanks to significant efficiency gains and advanced drilling techniques.  ( 34 min )
    Analysts offer hot takes on Q4 2023 Apple results
    Analysts have weighed in on Apple's Q4 2023 financial results, with most taking the view that the quarter is decent-performing, but with caution about a shorter Q1 2024.  ( 36 min )
    Warren Buffett's Berkshire Hathaway reveals record $157 billion cash pile as the investor hunts in vain for bargains
    Warren Buffett and his team sold over $5 billion of stocks on a net basis last quarter, boosting their mountain of cash and Treasuries to a new high.  ( 34 min )
    Foreign bond investors are 'extremely concerned' about US deficits while the risk of China and Japan dumping Treasurys looms large
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    How the market's forgotten stocks could lead a 'once-in-a-generation' buying opportunity
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    China’s Fight Against Deflation May Be Far From Over
    (Bloomberg) -- China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesData due Thursday wi  ( 37 min )
    Bond Market Has Fighting Chance to Avoid Historic Losing Streak
    (Bloomberg) -- A prospect that might have seemed unthinkable just a couple short weeks ago is coming into view for bond traders: The potential for US Treasuries to post an annual gain for the first time since 2020.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Ir  ( 34 min )
    Should You HODL Bitcoin?
    Should you continue to Hold On For Dear Life (HODL), given the volatility of bitcoin prices? Or is it time to admit you made a mistake? Here's what the bears and bulls say.  ( 23 min )
    Ozempic and other weight-loss drugs will power the anti-obesity market to 16-fold gains by 2030, Goldman Sachs says
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    Warren Buffett’s Berkshire Hathaway sells stocks as cash pile swells to record levels
    Conglomerate offloads more than $5bn worth of US and international shares  ( 6 min )
    Roth IRA Contribution and Income Limits: A Comprehensive Rules Guide
    In 2023, you can contribute up to $6,000, or $7,000 if you’re age 50 or older, to all of your Roth and traditional IRA accounts.  ( 32 min )
    Starbucks leans into Apple, Microsoft, Amazon partnerships
    Starbucks is counting on three of the world's biggest tech giants — Microsoft, Amazon and Apple — to help power a new growth sprint for the coffee giant.  ( 34 min )
    Americans pay $100 billion in real estate commissions but get ready for a 30% cut on that, expert says
    A $1.8 billion verdict this week against the National Association of Realtors and large brokerages likely spells changes ahead.  ( 33 min )
    Is $2 Million Enough to Retire at 70?
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    Can I Retire at 65 with $2 Million?
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    How Long Will $5 Million Last Me if I Retire at 60?
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    Can I Retire at 65 With $1.5 Million?
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    Can I Retire at 65 with $2.5 Million?
    No content preview
    If I Retire at 50, How Long Would $6 Million Last Me?
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    $10 Million Last You This Long If You Retire at 40
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    UAW President Shawn Fain Explains What the Union Could Mean to Toyota Workers
    As the labor deal ratification process continues, UAW President Shawn Fain repeated his message to non-union auto workers: Get ready to stand up.  ( 23 min )
    Does a negative correlation between two stocks mean anything?
    Learn what the concept of negative correlation means, understand how it is generally calculated and see how it is used in the construction of portfolios.  ( 21 min )
    Berkshire Operating Profit Hits a Record $10.8 Billion. Buybacks Picked Up in October.
    Berkshire Hathaway saw higher profits from its insurance business and more income from its huge cash holdings.  ( 32 min )
    S&P 500’s rebound is at risk from a souring US earnings outlook
    (Bloomberg) -- The stock market just finished its best week in almost a year, but lurking beneath the euphoric surface are fears about Corporate America’s profit outlook.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesAmong  ( 34 min )
    Where Are Commodities Prices Headed?
    China’s economy, war in the Middle East and a predicted El Niño are among the factors experts are looking at.  ( 29 min )
    Warren Buffett’s Berkshire Hathaway Sits on Record $157 Billion Cash Pile
    The conglomerate’s quarterly loss widened, stung by the stock market downturn.  ( 28 min )
    Berkshire Hathaway's Cash Hoard Hit a Record. Here Are 4 Earnings Highlights
    Berkshire Hathaway reported its third-quarter earnings, which saw it's biggest cash hoard to date and a 40% increase in operating income.  ( 20 min )
    How Farmers Are Teaching Old Tractors to Think for Themselves
    Deere, Agco and CNH Industrial are offering cheaper retrofits to ease the transition to more automation.  ( 24 min )
    Former crypto day traders say 'no thanks' even as Bitcoin roars back
    (Bloomberg) -- Between 2013 and 2017, Peter To claims he made more than $1 million by day-trading Bitcoin during its bull runs.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesWhile the world’s largest cryptocurrency has ral  ( 35 min )
    Warren Buffett's firm reports $12.8 billion loss as investments fall but its insurers performed well
    Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well. Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. Accounting rules require it to include the value of its investments, which it put at $341.1 billion at the end of the quarter, in its earnings.  ( 33 min )
    More homebuyers back out of deals as mortgage rates hit 23-year high
    Roughly 53,000 US home purchase agreements fell through in September, according to Redfin, equal to 16.3% of homes that went under contract that month.  ( 34 min )
    UPDATE 2-Buffett's Berkshire posts bigger loss as stocks fall; operating profit sets record
    Warren Buffett's Berkshire Hathaway Inc on Saturday posted its first overall quarterly loss in a year  ( 34 min )
    Buffett’s Cash Hits Record $157 Billion Amid Scarce Deals
    (Bloomberg) -- Berkshire Hathaway Inc.’s cash pile scaled a fresh record at $157.2 billion, bolstered both by elevated interest rates and a dearth of meaningful deals where billionaire investor Warren Buffett could put his money to work. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After Earthquake  ( 33 min )
    Buffett's Berkshire has bigger loss as stocks fall; operating profit sets record
    Berkshire said its third-quarter net loss was $12.77 billion, or $8,824 per Class A share, and compared with a $2.8 billion loss a year earlier. Operating profit rose 41% to $10.76 billion, or $7,444 per Class A share, from $7.65 billion a year earlier. Berkshire said it repurchased $1.1 billion of its stock in the quarter, and has bought back about $7 billion this year.  ( 33 min )
    Meta Platforms Leads Five Stocks Near Buy Points, Flashing Bullish Signals
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    Big Tobacco Can No Longer Name Its Price
    Shifts in the U.S. tobacco market are trickier for expensive brands like Marlboro to navigate than cheaper rivals.  ( 27 min )
    The £1.3 trillion British industry going from gold standard to a house of cards
    It was 2002 and with New Labour still riding high on the back of the largest-ever second-term majority in British electoral history, Tony Blair and his entourage swept into the building.  ( 38 min )
    Sam Bankman-Fried Verdict Reflects Crypto’s Broken Dreams
    The convicted FTX founder once stood for crypto’s potential primacy over traditional finance. Now, he represents its deflated ambitions.  ( 28 min )
    China Says Australia’s Exporters Can Come Back. Some Say No Thanks.
    Anthony Albanese, making the first visit by an Australian leader to China since before a diplomatic rift in 2020, could face a tough task in repairing trade ties.  ( 28 min )
    Block’s Stock Price Is Down 80%. Enter CEO Jack Dorsey.
    The payments company is under pressure. Jack Dorsey, the often-distant CEO, says he is stepping back into the ring.  ( 25 min )
    Parents are stealing their children’s identities to access debt—and destroying their kids’ credit scores in the process
    "You trust your parents. This is not what they should be doing to their children."  ( 38 min )
    Two Fuels That Power the Global Economy Flash Red in Europe
    (Bloomberg) -- If the oil market offers clues about the state of the economy, it’s through the prism of two petroleum products: diesel and naphtha. And in Europe, the news is bleak.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIsrael Latest: Hezbollah Warns on Escalation, US Deploys DronesIceland’s Blue Lagoon on Alert for Magma Flows After Eart  ( 35 min )
    From $3 an hour at 16 years old to a $5 million CEO at 45, Pret boss is a taxi driver’s son who says hard work and putting your head down create good luck
    Pano Christou worked his way up the corporate ladder, landing the top job after two decades and 10 promotions at the company.  ( 36 min )
    Putin Confronts Financial ‘Waterloo’ Risk to Choke Off Inflation
    (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIsrael Latest: Hezbollah Warns on Escalation, US Deploys DronesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesAs Russia’s central bank prepared to lift interest rates last w  ( 36 min )
    BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says
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    A 'baby rally' has taken hold in the stock market this week, and it could lead to bigger gains ahead
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  • Open

    UAW Outlines Deal with GM, Bringing an End to Stand Up Strike
    UAW has negotiated a 25% wage increase over the life of the contract, which runs to September 2027, according to Union leadership Saturday.  ( 1 min )
    How America’s Love of Ordering Food Boosted DoorDash Earnings—And Its Stock
    Food delivery company and e-commerce retailer DoorDash posted earnings that beat analysts' expectations, as orders rose at a double-digit pace and the company drew more users onto its platform.  ( 1 min )
  • Open

    China en Qatar sluiten grote langjarige deal voor levering gas
    China heeft opnieuw een grote langjarige deal gesloten met Qatar voor de levering van vloeibaar gemaakt aardgas (lng). Dat is een nieuwe stap van de Chinezen om de energiezekerheid in het land veilig te stellen.  ( 8 min )
    Beursmiljardair Warren Buffett ziet zijn banksaldo stijgen naar recordbedrag
    De bekende Amerikaanse beursmiljardair Warren Buffett heeft zijn enorme bulk cashgeld in het afgelopen kwartaal zien stijgen tot een recordbedrag van 157,2 miljard dollar, omgerekend zo'n 148 miljard euro.  ( 8 min )
    Duits chemiebedrijf Merck wil banen schrappen vanwege afgenomen vraag
    Het Duitse chemiebedrijf Merck overweegt banen te schrappen vanwege een afgenomen vraag bij de tak die grondstoffen maakt voor de elektronica-industrie.  ( 8 min )
    Website ov-chipkaart onbereikbaar door aanval Russische hackers
    De website van de ov-chipkaart is zaterdag niet bereikbaar door een ddos-aanval, zegt een woordvoerder van het bedrijf achter de ov-chipkaart, Translink. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )
    Duitse minister wil geen vierdaagse werkweek: 'Welvaart verbetert er niet van'
    De Duitse minister van Financiën Christian Lindner voelt niets voor een vierdaagse werkweek met een voltijds salaris. "Nooit in de geschiedenis heeft een samenleving haar welvaart vergroot door minder te werken", vindt de minister.  ( 3 min )
    Duitse minister: vierdaagse werkweek zal welvaart niet verbeteren
    De Duitse minister van Financiën Christian Lindner voelt niets voor een vierdaagse werkweek met een voltijds-salaris. Dat zegt de minister op een beleidsevenement in het Zwitserse Luzern.  ( 3 min )
    NU+ | Energiesector: Het loont niet om te investeren in energieopslag
    Nederland moet hard gaan werken aan de opslag van energie. Maar investeren in die opslag is volgens de energiesector nu niet rendabel. Daardoor groeit de kans dat we de komende jaren zonder stroom komen te zitten.  ( 10 min )
    NU+ | Energiebedrijven durven niet te investeren in energieopslag in Nederland
    Nederland moet hard gaan werken aan de opslag van energie. Maar investeren in die opslag is volgens de energiesector nu niet rendabel. Daardoor groeit de kans dat we de komende jaren zonder stroom komen te zitten.  ( 10 min )

  • Open

    The Stock Market Is Hot Again. Earnings Say Be Careful.
    Individual stocks haven’t reacted well to earnings, but the stock market surged anyway.  ( 35 min )
    'Bond King' Bill Gross says the US economy headed for a recession as more indicators flash in the 4th quarter
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    ConocoPhillips and Expedia Stock Could Jump, Analysts Say
    Analysts size up ConocoPhillips, Cooper Cos., SolarEdge, Expedia, First Horizon, and Block  ( 27 min )
    Treasury Yields’ 16-Year High Holds Both Worry and Promise for Real Estate
    Days after the 10-year Treasury yields reached a 16-year high of 5 percent, a CBRE (CBRE) investment report concluded that increased yields on the benchmark Treasury bond have eroded investor confidence in commercial real estate and will contribute to lower values across all asset classes in 2024. “Our econometric models indicate that the rise in the 10-year Treasury yield to 5 percent or more, if sustained, will raise cap rates and lower capital values for commercial real estate,” the CBRE report concluded.  ( 36 min )
    The AI craze is overblown - and the S&P 500 will suffer if the 'Magnificent 7' stocks falter, veteran investor warns
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    Top CDs Today: A Leading Rate Expires—But Multiple Options Above 6% Remain
    Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 21 min )
    The Score: Six Flags, Apple, WeWork and More Stocks That Defined the Week
    Here are some of the major companies whose stocks moved on the week’s news.  ( 27 min )
    Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers
    To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?  ( 35 min )
    Meet 25 rising stars on Wall Street at firms like Blackstone, Goldman Sachs, and Citadel
    These are the top young leaders on Wall Street. From influencing how the world's biggest hedge fund invests to helping Fortune 500 companies raise capital.  ( 33 min )
    S&P 500 Gains and Losses Today: Paramount Gets a Boost From the NFL and Streaming
    The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 18 min )
    Buy Chevron Stock. It’s Been Punished Enough for Earnings and the Hess Deal.
    Chevron stock has dropped  ( 31 min )
    Truck Stop’s Suit Against Berkshire Challenges Buffett’s Good Guy Image
    Truck-stop operator Pilot is suing Berkshire Hathaway, claiming Warren Buffett's company is using accounting adjustments to potentially shortchange the family that once controlled it.  ( 31 min )
    Disney Stock Rises On Plan To Buy Remaining Hulu Stake For $8.61 Billion. ESPN BET To Go Live
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    DraftKings, IBD Stock Of The Day, Surges Past Buy Points On Earnings — Cue The Taylor Swift Effect
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    Meta Stock Had Its Shakeout. Here's Why We Bought It Back.
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    Nvidia Stock Rebound Offers Entry Into AI Chip Leader — Is It A Buy?
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    Starbucks’ $10 billion earnings boost is trying to tell us something about the economy growing at its fastest rate in 3 years
    Starbucks soared 12% after crushing its earnings, surprising analysts. Another surprise: It's investing in things that help its workers do their jobs better.  ( 36 min )
    Republicans have a tax-cheating fetish
    If you cheat on your taxes, Republicans want your vote.  ( 35 min )
    Stock market news today: Stocks rise as jobs growth cools more than expected
    The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.  ( 46 min )
    Summers Warns Against Investor Rush to Declare Fed’s Job Is Done
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers warned against the exuberance taking hold in financial markets that the Federal Reserve has effectively won the war on inflation.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleS&P 500 Notches Best Week in 2023 as Yields Tumb  ( 35 min )
    4 REITs With 10%+ Yields: Once-In-A-Lifetime Opportunity Or A Desperate Trap?
    While inflation has made real estate investment trusts (REITs) more appealing to many investors, the rate hikes that followed sent many running in the opposite direction. Higher interest rates have not only hindered company growth but have also made REIT dividend yields less attractive than the "risk-free" Treasury yields. When dividend yields start hitting double digits, however, some REITs become a little too tempting to ignore. Are these 10%+ yields too good to pass up, or too good to be true  ( 36 min )
    Have I Bonds? Your New Rate Is Likely 3.94%—Not the 5.27% You Read About
    The new headline 5.27% I bond rate only applies to new bonds. Your new rate for an existing I bond is likely much lower, and you may be better off cashing it out for a CD.  ( 23 min )
    Making Spousal IRA Contributions
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    BofA Warns ‘Fear Just as Costly as Greed,’ Says Buy US Stocks
    (Bloomberg) -- Two of Bank of America Corp.’s leading markets strategists struck a rare agreeable tone on Friday, each prophesying gains ahead for equities — at least in the near term.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael Latest: Hezbollah Warns on Escalation, US Depl  ( 34 min )
    This Stock Is Up More Than 81% In 2023 As AI Efforts Take Off
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    Warren Buffett's favorite stocks gauge is flashing red, markets guru John Hussman says
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    If You Thought The Worst of Inflation Was Over, Check Out Your Insurance Bill
    Just as price increases are cooling off for most products and services people buy, inflation is heating up for some of the bigger-ticket items in household budgets: auto and homeowners insurance policies.  ( 22 min )
    It's Time To Find Breakouts As Growth Stocks Get A Lift; Microsoft Is One
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    Stock Market Rally Picks Up Steam; This Cloud Security Stock Makes A New High
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    Former Sen. Claire McCaskill Bought $1 Million of Mobileye Stock
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    Nio Stock Revs Up as EV Maker Plans Cuts to Jobs and Investment
    Nio will reduce jobs this month and cut or defer some investment, as the electric-vehicle startup contends with widening losses and rising competition. Shanghai-based Nio will [cut about 10% of positions](https://www.wsj.com/business/nio-to-cut-jobs-investment-in-face-of-rising-competition-592c07c5  ( 23 min )
    Analyst Report: Cleveland-Cliffs Inc
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    Analyst Report: Linde Plc.
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    Analyst Report: Annaly Capital Management Inc
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    Analyst Report: National Fuel Gas Co.
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    Druckenmiller Digs In on Criticism of Yellen, Disputes Her Math
    (Bloomberg) -- Billionaire investor Stanley Druckenmiller isn’t letting up in his verbal sparring with Treasury Secretary Janet Yellen, saying her department is defending itself with faulty arithmetic.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesApple Warns of Sluggish Holiday Qu  ( 34 min )
    What Do The Exxon Mobil And Chevron Deals Say About The Oil Industry's Future?
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    Market Update: NLY, AAPL, BAX, IP, MAR, NFG, OGE, NCLH, LIN, SQ, CLF
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    Want To Make Money While You Sleep? Here Are Warren Buffett's Top Dividend Picks
    Influential investor Warren Buffett has been doling out investment advice since the beginning of his career. A staunch advocate of value investing in large-cap, well-managed equities, Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Investing in high-quality dividend stocks can help you generate substantial passive income, creating a sturdy cushion for retirement as well as side earnings. Companies categorized as dividend aristocrats have a  ( 35 min )
    Bill Gates Flew Economy Class For 10 Years After Becoming A Billionaire – Now He Owns Multiple Jets He Calls His 'Guilty Pleasure'
    Bill Gates is a central figure in the tech and business sector, having transformed the technology landscape as the co-founder of Microsoft Inc. and becoming one of its most affluent individuals. He reached billionaire status in 1987, and by 1995, Forbes named him the world’s richest person, a distinction he held for most of the next two decades. Despite his immense wealth, for the first 10 years as a billionaire, he chose to fly in economy class. Now, he owns a fleet of jets and is one of the mo  ( 35 min )
    How to Retire at 64: Step-by-Step Plan
    In many Americans’ minds, the traditional retirement age is 65. But often people want to wrap up their career sooner than that. According to a 2021 report from Natixis Investment Managers, younger generations plan to retire earlier. Members of Generation Y … Continue reading → The post How to Retire at 64: Step-by-Step Plan appeared first on SmartAsset Blog.  ( 38 min )
    Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn't Work. How Can I Save More?
    I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My husband is on disability and doesn't work and does not have a 401(k) plan. I wanted to open a Roth IRA but I read that I make too much money. What options do […] The post Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Hedge funds caught in crowded trades suffered in Thursday's stock rally -Goldman Sachs
    Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, a Goldman Sachs note on Friday showed, a sign that a sharp rally in shares on hopes that global rate hikes are over caught some off guard. Systematic fund managers, particularly those which had short bets on highly traded stock names, got caught trying to get out of crowded trades and found themselves stuck in losing positions, Goldman Sachs said. An index of these funds tracked by Goldman Sachs had their "third worst single day this year," the investment bank said in a note to clients.  ( 33 min )
    Former FTX CEO Was Found Guilty Of Fraud—Here are 4 Things You Should Know
    Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial.  ( 21 min )
    Charlie Munger Says Apple Is Still a Good Bet
    Charlie Munger isn't too worried about Apple's valuation. During a recent conversation with the Berkshire Hathaway vice chairman, I asked if he thought the tech giant's shares have gotten expensive to continue being a [major Berkshire holding](https://www.wsj.com/articles/berkshire-hathaway-kicks-o  ( 23 min )
    Is Novavax Stock A Buy As Global Regulators Sign Off On Its Covid Shot?
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    How to Avoid Capital Gains Tax
    Saving for retirement is all about investing, and no matter how you go about it, you’re going to end up paying taxes on what you save and earn.  ( 35 min )
    Mortgage Rates Plunge Below 8%—To Lowest Level Since September
    After already falling for two days, 30-year mortgage rates have plummeted another two-tenths of a point, lowering the average to its cheapest level since September.  ( 19 min )
    Carvana stock jumps after earnings surprise to upside
    Carvana stock popped after the company reported positive adjusted EPS. Wall Street had expected a loss.  ( 34 min )
    Haslam family sues Berkshire over valuing of final chunk of Pilot
    The family who founded Pilot Travel Centers and sold 80% of it to Berkshire Hathaway has filed suit over valuing the final 20%. The post Haslam family sues Berkshire over valuing of final chunk of Pilot appeared first on FreightWaves.  ( 35 min )
    Icahn Enterprises Stock Jumps on Dividend News
    Icahn Enterprises' shares jumped nearly 14% after the company said it would maintain its quarterly dividend. IEP said Friday it would pay a dividend of $1 a share in the third quarter, which represents a yield of around 20%. IEP also reported better-than-expected third-quarter revenue of $3 billion  ( 24 min )
    Fortinet Plunges As Network Firewall Market Turns Down
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    Why NIO’s Reported Layoffs Could Be Bad News for Tesla, BYD, Other EV Makers
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    Morgan Stanley Says There’s a Buying Opportunity in Theme Park Stocks — Here Are 2 Names the Banking Giant Likes
    Consumer spending has long been a primary driver of the US economy. The average household, with its non-negotiable needs and its appetite for entertainment and relaxation, provides the support for a vast economic edifice – of retail, services, industry, and logistics. And, of course, for leisure. Theme parks are popular entertainment destinations, perfect for day trips or as the centerpiece of a longer vacation. The park industry has seen headwinds this year – high inflation has forced them to r  ( 37 min )
    Sam Bankman-Fried’s guilty verdict should be a lesson for us all
    SBF’s enormous fraud was made possible with venture capital dollars.  ( 34 min )
    Billionaire Amazon founder Jeff Bezos moves to Florida, where his parents live—and capital gains are not taxed
    The world's third richest person is leaving Washington, home to a new state-wide levy on asset disposals after a legal challenge failed in court this year.  ( 34 min )
    Stock market news today: Stocks jump as jobs growth cools more than expected
    The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.  ( 35 min )
    Icahn Enterprises Stock Jumps After Earnings. There’s Reassuring News on the Dividend.
    Icahn Enterprises halved its dividend last quarter but says Friday it will keep the current $1 payout steady.  ( 20 min )
    Maersk cutting 10,000 jobs in face of ‘worsening market conditions’
    “This is not a diet. This is a resetting of the baseline,” said Maersk CEO Vincent Clerc on his company’s job cuts. The post Maersk cutting 10,000 jobs in face of ‘worsening market conditions’ appeared first on FreightWaves.  ( 36 min )
    Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
    It might not be long until résumé are a thing of the past because most bosses are favoring skills-based hiring and reporting big results.  ( 34 min )
    Fortinet, rivals tumble as dour forecast signals slowing cybersecurity spending
    Rivals Palo Alto, ZScaler and CrowdStrike fell between 2.5% and 3.8%. Fortinet cut its annual revenue target on Thursday and said it expects current-quarter sales between $1.38 billion and $1.44 billion, below estimates of $1.50 billion, LSEG data showed. "We thought sentiment reflected an expectation for a miss/ guide down, but the magnitude was even worse than our bogeys," said Raymond James analysts.  ( 33 min )
    Yellen Defends US Debt Policy After Druckenmiller Rebuke
    (Bloomberg) -- US Treasury Secretary Janet Yellen disputed billionaire investor Stan Druckenmiller’s assertion that her department had made “the biggest blunder in history” by not taking advantage of near-zero interest rates to sell more longer-term bonds.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App M  ( 33 min )
    Google's plan to build 15,000 homes for the San Francisco Bay Project fizzles out
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    If you're in your mid-60s and still working, it may be time to start seriously planning for retirement. That doesn't mean you need to leave work immediately, but retirement is likely on the horizon. Imagine you're 65 years old, you have $250,000 in an IRA and expect to receive $3,000 per month from Social Security. […] The post I Have $250k in an IRA and Will Receive $3,000 Monthly From Social Security. Can I Retire in 5 Years at 70? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Analyst Report: AbbVie Inc
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    Analyst Report: United States Steel Corp.
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    Analyst Report: Unilever PLC
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    Analyst Report: Avery Dennison Corp.
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    Analyst Report: Packaging Corp of America
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    Ask an Advisor: I Have $1 Million and Want It to Work for Me. How Do I Maximize Passive Income and Minimize Taxes?
    I have a million dollars and I want to put it to work for me. Where can I put it to make the most amount of passive income from it? Also, how can I minimize taxes on that to be able to keep more of that money? – Andrea While today's high-interest rate environment has […] The post Ask an Advisor: I Have $1 Million and Want It to Work for Me. How Do I Maximize Passive Income and Minimize Taxes? appeared first on SmartReads by SmartAsset.  ( 36 min )
    Nio to Cut Jobs, Investment in Face of Rising Competition
    Chinese electric-vehicle maker Nio will reduce positions and cut or defer some investment, moves aimed at boosting its viability as it contends with widening losses and rising competition.  ( 27 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: AVY, CMCSA, PKG, QCOM, VFC, X, YUM, UL, ABBV
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    Fortinet Stock Tumbles Again After Earnings. Palo Alto, CrowdStrike Fall, Too.
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    Why China Suffered a Liquidity Scare and Why It Could Come Again
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    Apple tumbles after warning of dull holiday quarter
    The iPhone maker on Thursday predicted quarterly sales that were below market estimates, blaming weak demand for iPads and wearables, especially in key market China. The projection fanned fears about broader holiday demand, with estimates including those from the U.S. National Retail Federation and Deloitte predicting the slowest rise in sales in the crucial shopping period in years due to sticky inflation. "Apple's revenue growth has stalled over the past few quarters - and appears likely to continue to stagnate over the next year," said brokerage Bernstein, noting the holiday quarter usually sets the tone for Apple's fiscal year that runs until September.  ( 33 min )
    Daily – Vickers Top Insider Picks for 11/03/2023
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    Daily – Vickers Top Buyers & Sellers for 11/03/2023
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    Chinese EV Maker Nio to Cut 10% of Staff Positions and May Spin Off Businesses
    (Bloomberg) -- Nio Inc. said it is cutting jobs and and may spin off non-core businesses to reduce costs and improve efficiency, as the Chinese electric-vehicle maker falls way short of its sales targets and continues to post losses.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Cr  ( 35 min )
    Charlie Munger Will Take Your Questions Now
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    These Stocks Are Moving the Most Today: Apple, Block, Bill Holdings, Fortinet, Expedia, DraftKings, and More
    Apple's forecast for the holiday quarter disappoints, Block stock surges on strong guidance, and Bill Holdings slumps after a weak outlook from the financial platform.  ( 28 min )
    Goldbugs may need to keep waiting for $3,000: Morning Brief
    Gold has been stuck near $2,000 since 2020, and goldbugs might need to wait for another bullish catalyst.  ( 35 min )
    UAW Members at Ford’s First Plant to Strike Vote in Favor of Labor Deal
    The UAW announces that Local 900 voted 82% in favor of the new labor contract.  ( 24 min )
    Apple’s Disappointing Outlook Spotlights Growing China Woes
    (Bloomberg) -- Apple Inc.’s disappointing holiday-quarter outlook has cast a spotlight on its mounting problems in China, where the iPhone maker is struggling with the unexpected rise of Huawei Technologies Co. and an increasingly hostile business environment.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaIsrael Latest: Blinken Set fo  ( 35 min )
    Maersk to cut at least 10,000 jobs as shipping boom unravels
    Shipping group A.P. Moller-Maersk on Friday said it now expects full-year operating profit at the lower end of its range and would cut 10,000 jobs as it faces lower freight rates and subdued demand for container shipping. "Our industry is facing a new normal with subdued demand, prices back in line with historical levels and inflationary pressure on our cost base," CEO Vincent Clerc said in a statement. "Since the summer, we have seen overcapacity across most regions triggering price drops and no noticeable uptick in ship recycling or idling," he said.  ( 33 min )
    Why Meta Is the Most Promising of the Big Tech Stocks
    Analysts expect midteens annualized earnings growth over the next two years, which should pump Meta Platforms stock higher, especially considering that it isn’t very expensive.  ( 23 min )
    Alaska Airlines sued over attempt by off-duty pilot to shut down engines
    Three passengers who were aboard an Alaska Airlines jet when an off-duty pilot riding in the cockpit "jump seat" allegedly tried to disable the plane's engines sued the Seattle-based carrier on Thursday, accusing it of breaching its duty to ensure flight safety. The lawsuit, which also names Horizon Air as a defendant, stems from an in-flight emergency declared by the crew of Alaska Airlines Flight 2059 over the Pacific Northwest while the aircraft was en route from Everett, Washington, to San Francisco, on Oct 22. The Alaska Airlines flight was operated by the group's regional subsidiary Horizon Air.  ( 33 min )
    Dow soars 564 points as plummeting bond yields spark huge rally in US stocks
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    Crypto Rally Fizzles As ETF Euphoria Fades
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    Dow Jones Roars As Palantir Spikes; Apple Falls Late With Jobs Report Due
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    Tim Cook keeps giving the same answer about Apple’s generative AI plans, and it’s falling flat with investors
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    Sam Bankman-Fried found guilty of defrauding FTX customers, investors, and lenders
    The guilty verdict reached by a jury Thursday concludes a dramatic fall for a 31-year-old entrepreneur who presided over the largest crypto collapse in history.  ( 35 min )
    Amazon punished its own sellers to limit Walmart's reach, FTC says
    Amazon.com Inc punished its own sellers to limit Walmart's reach as Walmart got into e-commerce, according to the Federal Trade Commission (FTC). In addition to making $1 billion by using a secret algorithm called "Project Nessie" to push up the prices that U.S. households pay, Amazon may have also succeeded in curbing Walmart's ambitions. In 2014, the arrival of Jet.com triggered fear at Amazon that Jet.com would be able to offer shoppers lower prices online, the FTC said on Thursday, kick-starting Amazon's strategy of removing sellers’ offers from the Buy Box if shoppers could find the same products at lower prices on Jet.com.  ( 34 min )
  • Open

    Why Governments Are Wary of Bitcoin
    Bitcoin is the first decentralized peer-to-peer payment network and cryptocurrency. Users (and not central governments or banks) determine its value. They could undermine the role of governments in the financial system.  ( 26 min )
    Top CDs Today: A Leading Rate Expires—But Multiple Options Above 6% Remain
    Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 19 min )
    The Federal Reserve System Affects You More Than You Might Think
    How does the Federal Reserve System affect ordinary citizens? In more ways than you might realize.  ( 21 min )
    Inflation Isn't Just About Spending—It's Also Making It Harder to Save
    If you've found it harder to save this year, you're not alone. Inflation is tightening Americans' abilities to put cash away, which can cause problems if an emergency hits.  ( 16 min )
    Traditional and Roth IRAs: Benefits and Drawbacks
    Traditional and Roth IRAs offer a tax-advantaged way to save for retirement, but there are contribution limits and strict rules regarding withdrawals.  ( 28 min )
    How to Choose a Medicare Plan
    Choosing a Medicare plan starts by assessing your needs and knowing your options. We’ll help you find the best Medicare Advantage plan in six easy steps.  ( 26 min )
    Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance
    Block Inc. shares surged Friday after the fintech company posted a smaller-than-expected loss for the third quarter and boosted its full-year guidance, thanks to strong revenue and user growth on its Cash App.  ( 17 min )
    Tax Deferred: Earnings With Taxes Delayed Until Liquidation
    Tax-deferred status refers to investment earnings that accumulate tax-free until the investor takes constructive receipt of the gains. The most common types of tax-deferred investments include individual retirement accounts and deferred annuities.  ( 20 min )
    S&P 500 Gains and Losses Today: Paramount Gets a Boost From the NFL and Streaming
    The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 17 min )
    Medicare Part B Premium: What it is, Eligibility, FAQs
    The Medicare Part B premium is a monthly fee participants pay for subsidized insurance coverage of outpatient health care services. In 2024, the monthly premium is $174.70.  ( 28 min )
    Revolving Loan Facility Explained: How Does It Work?
    A revolving loan facility allows a borrower to obtain a loan with the flexibility to drawdown, repay, and redraw loans advanced to it.  ( 23 min )
    Restaurant Brands Shares Drop as Revenue Misses Estimates on Slowing Burger King Growth
    Restaurant Brands shares dropped after reporting lower-than-expected revenue for the third quarter as comparable store sales growth slowed at Burger King.  ( 17 min )
    Global Gold Demand Down From Last Year But Still Robust, World Gold Council Says
    While Americans have been buying up gold bars at Costco with enthusiasm, global demand for gold fell slightly in the third quarter compared to last year, a report from the World Gold Council earlier this week showed.  ( 18 min )
    Economic Recovery Tax Act of 1981 (ERTA): Overview
    The Economic Recovery Tax Act of 1981 was a law for the largest tax cut in American history. Much of it was reversed a year later.  ( 20 min )
    How to Apply for Financial Assistance to Pay for Health Insurance
    Learn what financial assistance exists to help you pay for health insurance, including Medicare savings program, the premium tax credit, and cost-sharing reductions.  ( 27 min )
    Expedia Shares Jump Over 18% After Reporting Record Revenue and Announcing a Stock Buyback
    Expedia shares soared 18% Friday after posting better-than-expected results and announcing a stock buyback plan as travel demand boomed.  ( 17 min )
    Participate in an Employer-Sponsored Retirement Plan
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    An Introduction To The FRM Designation
    Learn what steps need to be taken in order to obtain the Financial Risk Manager designation.  ( 21 min )
    Apple Shares Fall Amid Concerns About China Sales But Analysts Say They're Overblown
    Apple shares lost ground Friday after the company's third-quarter earnings showed revenue declining with sales in China dropping, though some analysts suggest worries about Apple's sales in China may be overblown.  ( 18 min )
    How to Give Life Insurance as a Gift
    It might not be the most glamorous gift, but giving life insurance as a present to a loved one can make a big difference to someone's financial security.  ( 26 min )
    Employers Offer Alternatives to 401(k) Loans
    Employers can bolster workers’ long-term financial security by educating them on the full consequences of 401(k) loans and offering alternatives.  ( 25 min )
    Have I Bonds? Your New Rate Is Likely 3.94%—Not the 5.27% You Read About
    The new headline 5.27% I bond rate only applies to new bonds. Your new rate for an existing I bond is likely much lower, and you may be better off cashing it out for a CD.  ( 21 min )
    Asian Currency Unit (ACU): What it Means, How it Works
    The Asian Currency Unit (ACU) was a proposed a basket of Asian currencies, similar to the European Currency Unit, which was the precursor to the euro.  ( 21 min )
    What Ex-FTX CEO's Guilty Verdict Means For The Crypto Markets And Retail Investors
    Almost exactly a year since FTX collapsed, its founder and former CEO was found guilty on multiple counts of fraud. While this verdict was expected by many, what does it mean for the future of the cryptocurrency markets and more importantly retail investors putting their money in them?  ( 19 min )
    Making Spousal IRA Contributions
    Spousal IRA contributions allow a working spouse to put money in their nonworking spouse's retirement account, if they meet these requirements.  ( 25 min )
    Who Is Robert J. Aumann? What Is He Known for?
    Robert J. Aumann is a mathematician and economist famous for his work on game theory, who won the 2005 Nobel Prize in Economics.  ( 24 min )
    If You Thought The Worst of Inflation Was Over, Check Out Your Insurance Bill
    Just as price increases are cooling off for most products and services people buy, inflation is heating up for some of the bigger-ticket items in household budgets: auto and homeowners insurance policies.  ( 21 min )
    The Ultimate Guide to Chase Ultimate Rewards
    Investopedia's guide to how Chase's Ultimate Rewards Program works and how to make the most of earning and redeeming points.  ( 28 min )
    Inverse ETF: Definition, Comparison to Short Selling, and Example
    An inverse ETF is an exchange-traded fund that uses various derivatives to profit from a decline in the value of an underlying benchmark.  ( 25 min )
    How Double-Entry Bookkeeping Works in a General Ledger
    Learn about the double-entry method of bookkeeping and how it works in the general ledger. Every accounting transaction has two effects on finances.  ( 21 min )
    Bitcoin Gold: Distribution, Protection, and Transparency
    Bitcoin gold is a hard fork of bitcoin that attempts to decentralize the mining process.  ( 26 min )
    Equity Method of Accounting Definition & Example
    The equity method is an accounting technique used by a company to record the profits earned through its investment in another company. Learn more about how it works.  ( 26 min )
    US Markets Surge at Midday as Jobs Data Bolsters Speculation of End to 2023 Rate Hikes
    Lower-than-expected job creation in October boosted optimism the Fed will stop raising interest rates, sending U.S. equities higher at midday on Friday, Nov. 3, 2023.  ( 17 min )
    Paramount Shares Surge as Profit and Sales Rise on NFL Viewership, Streaming Additions
    Paramount shares surged after reporting profit and sales that beat estimates as it got a boost from NFL viewership and a jump in streaming subscribers.  ( 17 min )
    Former FTX CEO Was Found Guilty Of Fraud—Here are 4 Things You Should Know
    Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial.  ( 19 min )
    The Economics of Owning a Restaurant
    Learn about the different economic points to starting and operating a restaurant and how to potentially lower your costs to improve profitability.  ( 23 min )
    DraftKings Shares Soar After Reporting a Jump in Users and Revenue
    DraftKings shares jumped after reporting revenue skyrocketed as the company gained new users.  ( 17 min )
    Continued Strength in Job Market Expected to Encourage Record Holiday Spending
    Holiday sales are set to grow 3% to 4%, with consumers averaging about $875 on purchases, the National Retail Federation reported.  ( 19 min )
    What Kinds of Restrictions Does the SEC Put on Short Selling?
    Learn about the rules and regulations on short selling enforced by the U.S. Securities and Exchange Commission (SEC), including the uptick rule.  ( 27 min )
    How Central Banks Can Increase or Decrease Money Supply
    Central banks use various methods to change their nations’ money supplies, such as adjusting reserve balance requirements and certain interest rates they control.  ( 25 min )
    Mortgage Rates Plunge Below 8%—To Lowest Level Since September
    After already falling for two days, 30-year mortgage rates have plummeted another two-tenths of a point, lowering the average to its cheapest level since September.  ( 19 min )
    401(k) Contribution Limits for 2022 vs. 2023
    Here is how much money you and your employer can contribute to your 401(k) retirement savings plan in 2022 and 2023.  ( 25 min )
    Wealthfront vs. Vanguard Personal Advisor: Which Is Best for You?
    Wealthfront and Vanguard Personal Advisor are both excellent wealth management platforms. Wealthfront is the better all-digital solution, while Vanguard Personal Advisor is better if you want a human touch.  ( 29 min )
    Wealthfront vs. Merrill Guided Investing: Which Should You Choose?
    Compare Wealthfront and Merrill Guided Investing to learn which of these top robo-advisors is the right one for your automated investing strategy and financial goals.  ( 27 min )
    Wealthfront vs. E*TRADE Core Portfolios: Which Is Right for You?
    Compare Wealthfront and E*TRADE Core Portfolios, two robo-advisors with low minimum deposits and reasonable fees, to see which one is best for your financial goals.  ( 28 min )
    Best Robo-Advisors of 2023
    We compared portfolio management, usability, and fees for the best robo-advisors of 2023. Find the best, automated investing portfolio builders for your needs.  ( 41 min )
    Activity Driver Analysis
    Activity driver analysis identifies and assesses the factors involved in the costing of goods and services and is part of activity-based costing.  ( 22 min )
    U.S. Employers Added Fewer-Than-Expected Jobs in October, Unemployment Rate Rises to 3.9%
    The labor market isn’t quite as hot as it seemed a month ago. U.S. employers added 150,000 jobs in October, the Bureau of Labor Statistics said Friday, the lowest since June and slightly over half the 297,000 added in September.  ( 18 min )
    A 401(k) Plan for the Small Business Owner
    If you own a small business, the self-employed 401(k) or solo 401(k) has some clear advantages over other retirement planning options that are available to you.  ( 28 min )
    Individual 401(k) Plan: The Top Retirement Vehicle for Sole Proprietors
    An individual 401(k) retirement savings plan has some advantages over a SEP IRA if you are a sole proprietor.  ( 25 min )
    5 Things to Know Before Markets Open
    Shares of Apple fell after reporting its fourth consecutive quarter of declining revenue, and the Labor Department's monthly jobs report is expected to show job growth slowing. Here’s what investors need to know today.  ( 18 min )
    Prepaid Expense: Definition and Example
    A prepaid expense is an asset on a balance sheet that results from a business making advanced payments for goods or services to be received in the future.  ( 24 min )
    How a Roth IRA Works After Retirement
    Roth IRAs offer retirees some unique advantages in terms of taxes, withdrawals, and the ability to pass along wealth to the next generation.  ( 27 min )
  • Open

    Apple Shares Fall Amid Concerns About China Sales But Analysts Say They're Overblown
    Apple shares lost ground Friday after the company's third-quarter earnings showed revenue declining with sales in China dropping, though some analysts suggest worries about Apple's sales in China may be overblown.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Paramount Gets a Boost From the NFL and Streaming
    The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 1 min )
    Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance
    Block Inc. shares surged Friday after the fintech company posted a smaller-than-expected loss for the third quarter and boosted its full-year guidance, thanks to strong revenue and user growth on its Cash App.  ( 1 min )
    Global Gold Demand Down From Last Year But Still Robust, World Gold Council Says
    While Americans have been buying up gold bars at Costco with enthusiasm, global demand for gold fell slightly in the third quarter compared to last year, a report from the World Gold Council earlier this week showed.  ( 1 min )
    US Markets Surge at Midday as Jobs Data Bolsters Speculation of End to 2023 Rate Hikes
    Lower-than-expected job creation in October boosted optimism the Fed will stop raising interest rates, sending U.S. equities higher at midday on Friday, Nov. 3, 2023.  ( 1 min )
    Dow Jones Today: Futures Little Changed Ahead of October Jobs Report
    Stock futures were little changed ahead of an October jobs report that is expected to show hiring slowed from September's breakneck pace.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Apple fell after reporting its fourth consecutive quarter of declining revenue, and the Labor Department's monthly jobs report is expected to show job growth slowing. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tata Steel wil voor miljarden verduurzamen en vraagt overheid om bijdrage
    Tata Steel wil dat uiterlijk in 2029 zijn fabriek in IJmuiden schoner draait. De plannen om duurzamer staal te maken, kosten volgens Tata miljarden euro's. Het bedrijf wil dat de overheid daaraan meebetaalt.  ( 10 min )
    Bevriezen van rente op studieschuld is volgens minister niet mogelijk
    Het is technisch niet haalbaar om de studierente voor studenten die onder het leenstelsel vielen volgend jaar te bevriezen op het niveau van dit jaar. Dat schrijft minister Robbert Dijkgraaf (Onderwijs) vrijdag aan de Tweede Kamer.  ( 8 min )
    Washington dreigt Nederlandse luchtvaart uit VS te weren na besluit Schiphol
    Het Amerikaanse ministerie van Transport is niet gediend van het terugdringen van de ruimte voor Amerikaanse luchtvaartmaatschappijen op Schiphol. Het ministerie beraadt zich op tegenmaatregelen, staat in een brief die is ingezien door persbureau ANP.  ( 8 min )
    Storm Ciarán zorgt voor 15 miljoen euro schade aan auto's en gebouwen
    Storm Ciarán, die donderdag over ons land trok, heeft voor ongeveer 15 miljoen euro aan schade veroorzaakt, zo meldt het Verbond van Verzekeraars (VvV). Dit blijkt uit een eerste schatting van de organisatie.  ( 9 min )
    Hacker (21) krijgt vier jaar cel voor grootschalige datadiefstal en chantage
    Pepijn van der S. is vrijdag door de rechtbank van Amsterdam veroordeeld tot vier jaar gevangenisstraf, waarvan één jaar voorwaardelijk. De Nederlander is schuldig aan het hacken van computersystemen, afpersing en chantage. Ook heeft hij ruim 1,5 miljoen euro witgewassen.  ( 9 min )
    Rabobank financiert boeren die schuldig zijn aan ontbossing in Amazonegebied
    De Rabobank financiert honderden boeren in Brazilië die zich schuldig hebben gemaakt aan illegale ontbossing, blijkt uit onderzoek van het FD. De bank zegt "een nultolerantiebeleid" te voeren, maar verstrekte wel leningen aan boeren die een sanctie hadden gekregen voor illegale ontbossing.  ( 9 min )
    Rabobank financiert Braziliaanse boeren die schuldig waren aan ontbossing
    De Rabobank financiert honderden boeren in Brazilië die zich schuldig hebben gemaakt aan illegale ontbossing, blijkt uit onderzoek van het FD. De bank zegt "een nultolerantiebeleid" te voeren, maar verstrekte wel leningen aan boeren die een sanctie hadden gekregen voor illegale ontbossing.  ( 9 min )
    Prijzen voor basisvoedsel op wereldmarkt blijven zakken, alleen zuivel duurder
    De prijzen voor basisvoedsel zoals graan en olie zakken nog verder op de wereldmarkt. Alleen zuivel is wat duurder geworden door de zorgen over de gevolgen van El Niño op Australische koeien.  ( 9 min )
    NU+ | Wat je kunt doen bij stormschade aan je huis
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    Vrachtvervoerder Maersk schrapt tienduizend banen door dalende prijzen
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    Cryptotopman Sam Bankman-Fried schuldig bevonden aan miljardenfraude
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  • Open

    House GOP targets IRS in bill to provide emergency aid to Israel
    House Republicans went after the IRS — long a GOP whipping child — when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget. The aid bill that passed the House on Thursday — unlikely to be approved by the Democratic-controlled Senate — would cut $14 billion from the nation's tax collector in exchange for providing assistance to Israel. President Joe Biden has said he would veto the bill if it reaches his desk.  ( 33 min )
    Sam Bankman-Fried found guilty on all seven counts
    Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty on all seven counts related to fraud and money laundering. The defendant is "charged with a wide-ranging scheme to misappropriate billions of dollars of customer funds deposited with FTX and mislead investors and lenders to FTX and to Alameda Research," a release from the U.S. attorney's office at the Southern District of New York stated. The decision was handed down on Thursday, following a five-week trial that dug deep into how one of the biggest crypto exchanges and its sister trading company collapsed about a year ago.  ( 32 min )
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    The stock market is following a rare pattern that could signal double-digit gains next year
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    National realtor association CEO suddenly quits in the wake of a massive sex scandal and a pricing conspiracy that cost the industry $1.8 billion
    Bob Goldberg, CEO of the National Association of Realtors, announced his resignation.  ( 33 min )
    Paramount says there will be 'continued opportunities' to hike streaming prices
    Paramount said its June streaming price hike "won't be the last price increase that we do."  ( 35 min )
    Apple Stock Slips Despite Earnings Beat. The Outlook Is a Problem.
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    Coinbase trading volumes fall as exchange posts seventh consecutive quarterly loss
    Investors pushed Coinbase's stock lower after the exchange reported a third-quarter loss that beat Wall Street expectations.  ( 34 min )
    Dow Jones Soars 565 Points As Apple Sales Fall; Warren Buffett Stock Offers This 'Attractive Entry'
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    Top CD Rates Today: Another Newcomer Above 6%—This One for 6 Months
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    Apple paying out $0.24 per share Q4 dividend on November 16
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    Cloudflare Earnings Beat. Stock Falls On Weak Revenue Outlook
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    Booking Holdings beats profit estimates on strong summer travel spend
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    Apple Stock Drops As Sales Fall For Fourth Straight Quarter
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    Coinbase Beats Estimates As Trading Volume Slumps. The Stock Is Falling.
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    Apple beats estimates as iPhone sales edge up, services revenue jumps
    (Reuters) -Apple on Thursday reported quarterly sales and profit that beat Wall Street expectations, with iPhone sales up 2.8% and in line with Wall Street expectations, helping offset large drops in Mac and iPad sales. The Cupertino, California, company has navigated a global smartphone slump better than many of its rivals but faces an uneven economic recovery in China, a key market for Apple. Apple said sales for the fiscal fourth quarter ended Sept. 30 fell roughly 1% to $89.50 billion, with nearly $1 billion more in services revenue than Wall Street expected, helping the overall total beat analyst estimates of $89.28 billion, according to LSEG data.  ( 34 min )
    Apple stock falls after cautious outlook overshadows record iPhone quarter
    Apple reported quarterly earnings after the bell on Thursday that topped expectations, but shares fell as the company offered a cautious outlook for the holiday period.  ( 35 min )
    Apple earnings top estimates, iPhone sales notch September quarter record
    Apple reported quarterly earnings after the bell on Thursday that topped expectations.  ( 35 min )
    Square Earnings, Revenue Beat; SQ Stock Pops On Preliminary 2024 Guidance
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    Buy Amazon Stock, Analyst Says. AWS Is the Company’s ‘Crown Jewel.’
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    Paramount says 2023 streaming losses will be lower than prior year
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    Cedar Fair to Buy Six Flags in $1.9 Billion Theme-Park Deal
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    Nvidia Can Survive the Latest Chip Wreck. How We Know.
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    Warren Buffett Investing Cheat Sheet: These Are Some Of His Top Investments
    Warren Buffett is the richest wealth manager in the world, with a net worth of over $115 billion. He ranked #5 on the world's real-time billionaires list published by Forbes. Buffett is often considered a "guru" in the investment world, is known for his value investing strategies and often focuses on investing in large-cap equities rather than trading speculative stocks. He believes in purchasing securities and holding them indefinitely, thereby reaping the benefits of compounding capital gains.  ( 35 min )
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    The jury is set to deliberate Thursday afternoon after the judge instructs them on how to weigh the evidence.  ( 34 min )
    Carvana Stock Spikes With Earnings Due. Here Is What To Expect.
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    UAW gears up to organize at Toyota, other nonunion automakers
    DETROIT/WASHINGTON (Reuters) -The United Auto Workers on Thursday signaled the next step in the union's campaign to capitalize on its success in bargaining with the Detroit Three: launching organizing drives at Toyota, Tesla and other nonunion U.S. auto factories. UAW President Shawn Fain began his video comments on the Stellantis contract with an appeal to workers at Toyota, which on Wednesday offered pay and benefit increases after the Detroit Three contract talks concluded. "They could have just as easily raised wages a month ago or a year ago," Fain said of Toyota.  ( 35 min )
    Lumen Debt Restructuring Draws Ire From Left-Behind Creditors
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    Stock market news today: Stocks rally, Dow rises 500 points as investors bet on end to Fed hikes
    Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 41 min )
    Dimon: The excess savings amassed by low-income consumers are now gone
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    Warren Buffett Is Undeniably Frugal, But For Christmas He Gives Each Family Member $10,000 Along With His Favorite Candy And Funny Personalized Christmas Cards
    Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, has earned a reputation for his thrifty lifestyle and practical approach to finances. Yet, during the holiday season, Buffett reveals a different side of himself, one marked by generosity and a unique approach to gift-giving. From practical items such as dresses and chocolates to envelopes filled with cash, Buffett’s gifts are a reflection of his values of practicality, gratitude and a hint of humor. A hallmark of Buffett’s hol  ( 35 min )
    California EV sales top 20% through Q3, with Tesla's Model Y leading the way
    Electric vehicle sales and demand might be stalling in parts of the US, but don't tell that to California.  ( 35 min )
    Bill Gross Is Buying Regional Banks, Says They’ve Hit Bottom
    (Bloomberg) -- Bill Gross believes the “regional bank falling knife has hit bottom,” suggesting that it’s no longer dangerous to invest in regionals, and deviating from his recent statement that he wanted to wait a little longer before purchasing. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaWall Street Rally Keeps Going in Run-Up to Jobs: Markets WrapPowell Hints Fed Is Done With Hikes i  ( 32 min )
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    IRS Wins $109 Million Court Case, Defeats ‘Project Soy’ Tax Maneuver
    The victory over Liberty Global will help the agency combat aggressive corporate tax maneuvers and collect more money from other companies.  ( 28 min )
    Six Flags, Cedar Fair Strike Big Theme-Park Merger
    The deal will give the combined company reach to fend off larger competitors, executives said.  ( 28 min )
    30-Mortgage Rates Fall Again, Sinking to an Almost 3-Week Low
    Rates fell for a second day in a row, dropping the 30-year average to its lowest point in almost three weeks. Averages for most other loan types also declined.  ( 21 min )
    Roku stock soars on strong guidance as company sees signs of ad rebound
    Roku stock soared after the company reported strong fourth quarter guidance and pointed to further signs of an ad market recovery.  ( 36 min )
    Is Social Security Included in My Adjusted Gross Income?
    Social Security benefits are included in your adjusted gross income (AGI) if your total income, which consists in half of your Social Security benefits and other sources of income, exceeds a certain threshold. This can affect the taxation of those benefits and your eligibility for various tax credits and deductions, which in turn can impact […] The post Is Social Security Included in Your AGI? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Tesla Could Be Worth $4 Trillion. A Steady $200 Stock Price Would Be Great for Now.
    Tesla CEO Elon Musk said the valuation could hit $4 trillion, but that the company would need to “knock the ball out of the park several times.”  ( 24 min )
    8 Reasons Annuities Might Actually Be a Bad Investment For You
    You pay $1 million upfront and receive $5,000 a month after retiring. Simple, right? Unfortunately, annuities are rife with complexities that can prevent a clear understanding of their benefits and potential pitfalls. This insurance product is often considered a safe investment, but annuities have their own risks. Here’s why they might be a bad investment […] The post 8 Reasons Annuities Might Be a Bad Investment for You appeared first on SmartReads by SmartAsset.  ( 35 min )
    Hedge Fund Executive’s Sudden Death Exposes a Firm Deep in Trouble
    (Bloomberg) -- The bonhomie was flowing inside the Great Banking Hall in Toronto as the city’s hedge fund barons arrived to toast their success and themselves.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaTech Giants Lead Stock Gains as Bond Yields Slide: Markets WrapPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave Gaza  ( 38 min )
    Nikola electric truck recall price tag $61.8M
    Nikola’s recall cost burden and lack of production lead to a dismal Q3 earnings report but the company sees light ahead. The post Nikola electric truck recall price tag $61.8M appeared first on FreightWaves.  ( 34 min )
    Moderna Stock Falls After Big Covid Vaccine Writedown
    Moderna (MRNA) swung to a loss and posted a steep drop in quarterly sales, weighed down by soft demand for its Covid-19 vaccine. The company also forecast sales of about $4 billion for next year, softer than Wall Street analysts were expecting. Mod  ( 25 min )
    Charles Schwab lays off 5% to 6% of its workforce, or about 2,000 employees
    Charles Schwab laid off about 5% to 6% of its workforce this week, according to a company spokesperson, as the financial services firm works to cut costs. The company had 35,900 employees at the end of September, according to Charles Schwab's latest quarterly report — meaning this week's cuts could impact roughly 2,000 employees. “These were hard but necessary steps to ensure Schwab remains highly competitive, with industry-leading levels of efficiency, well into the future," a Charles Schwab spokesperson said in a statement to The Associated Press Thursday.  ( 33 min )
    The States With the Lowest & Highest Average Monthly Retirement Income
    Average retirement income varies widely across the U.S. In the state with the highest-income retirees, the average retired household brings in more than twice as much in the state with the lowest retirement income figures. Differences are due to local variations in wages and salaries, cost of living, tax rules, the incidence of pension plans […] The post What Is the Average Monthly Retirement Income in Every State? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Want a Piece of SpaceX? Now There’s an Easy Way to Do That.
    ARK Invest announced Wednesday that its ARK Venture Fund has a stake in Elon Musk's SpaceX. It's not a pure-play investment, but it's a way in.  ( 22 min )
    Apple Stock Rises Ahead of Earnings Report
    Shares of Apple rose in early trading Thursday ahead of the tech giant’s next quarterly results, expected after the closing bell. Apple’s shares were recently up nearly 2%. They rose Wednesday, closing at $173.97, up 34% in 2023 so far—though they’ve fallen since their last [earnings report in Augu  ( 24 min )
    Tesla Is Delivering The New Model 3 In China. Will It Propel The EV Giant To A Record Q4?
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    Here’s What Wall Street Analysts Think of Apple Stock Ahead of Earnings
    Tech giant Apple is set to report its latest quarterly financial results after the closing bell today. Here's a rundown of Wall Street analysts' current hi  ( 24 min )
    SolarEdge Stock Plummets After Earnings. Why Some Bulls Are ‘Giving Up.’
    SolarEdge Technologies stock dived as investors digested its weak revenue outlook and earnings, and some analysts downgraded the shares.  ( 22 min )
    Gas prices are in 'glacial' decline. Here's why
    Gasoline prices have been on a downward trend. They're expected to keep sliding through the end of the year, as long as oil prices don't surge.  ( 34 min )
    Stock market news today: Stocks rise as investors bet on end to Fed hikes
    Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 35 min )
    Novo Nordisk Stock Jumps As Wegovy Sales Skyrocket 734%, Crushing Expectations
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    UPDATE 2-Nikola posts wider third-quarter loss after recall, sales pause
    Nikola posted a wider loss in the third quarter on Thursday, after the electric truck maker suspended sales and recalled its battery-electric heavy duty trucks. Nikola in August recalled all the 209 battery-powered electric trucks that it had delivered and suspended sales after an investigation into recent fires found a coolant leak inside a battery pack as the cause. Despite the Tre battery-electric truck being recalled, Nikola said it received orders for 47 vehicles from a dealer.  ( 33 min )
    ‘Bond King’ Jeffrey Gundlach warns higher-for-longer interest rates could trigger the next Financial Crisis—and advises investors to ‘T-Bill and Chill’
    Gundlach predicted a recession was likely to hit the U.S. within a matter of months.  ( 33 min )
    Starbucks Stock Surges on Earnings Beat. CEO Teases a New Strategy.
    Starbucks stock surges after the coffee chain posts stronger-than-expected fiscal fourth-quarter sales and earnings.  ( 22 min )
    Eli Lilly Slashed Its Outlook Dramatically. Why the Stock Is Rising.
    Lilly cuts its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.  ( 22 min )
    Eli Lilly Smashes Third-Quarter Forecasts As Diabetes Blockbuster Grows 652%
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    Crocs Stock Is Falling. Blame Guidance.
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    Lithium Miner Albemarle’s Earnings Miss. The EV Deceleration Is Biting.
    Albemarle reported third-quarter earnings per share of $2.74 from sales of $2.3 billion. Wall Street was looking for $3.77 and $2.5 billion, respectively.  ( 22 min )
    Crocs Inc. Beats Q3 Expectations, Cuts Outlook on Softer Hey Dude Sales
    The stock was down more than 13 percent in pre-market trading.  ( 34 min )
    Dow Jones Futures Rise After Jobless Claims; Palantir Surges As Apple Earnings Approach
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    Stock market news today: US futures rise as investors bet on end to Fed hikes
    Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 35 min )
    Peloton Stock Sinks. Earnings and Subscribers Miss the Mark.
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    Nike Outperforms Among Dow Jones Stocks In October; Crocs Stock Dives On Outlook
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    Palantir Earnings Beat On Commercial Market Growth; PLTR Soars
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    Shopify Soars After Third Quarter Sales, Profit Beat Estimates
    (Bloomberg) -- Shopify Inc. reported sales and profit for the third quarter that beat analyst expectations after the Canadian e-commerce giant slashed costs and partnered with Amazon.com Inc. for its fulfillment network.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsStocks, Bon  ( 33 min )
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    (Bloomberg) -- Palantir Technologies Inc. surged more than 13% in early trading after the company reported the fourth consecutive quarter of profitability and highest earnings since its founding 20 years ago, citing strong demand for new artificial intelligence offerings.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Ta  ( 34 min )
    Shopify Earnings Top Estimates On Merchant Business Gains; Shares Spike
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    Cedar Fair and Six Flags will merge to create a playtime powerhouse in North America
    Cedar Fair and Six Flags Entertainment Corp. are merging, creating an expansive amusement park operator with operations spread across 17 states and three countries. The combined company will include 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico. Cedar Fair unitholders will receive one share of common stock in the combined company for each unit owned, while Six Flags shareholders will receive 0.5800 shares of stock in the combined company for each share owned.  ( 33 min )
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    What JP Morgan Chase CEO Jamie Dimon just told investors is very important
    Investors should deeply consider the perspectives that the most powerful financier in the world just articulated to Yahoo Finance.  ( 37 min )
    ConocoPhillips posts bigger profit than expected, raises dividend
    (Reuters) -U.S. oil producer ConocoPhillips on Thursday beat Wall Street's estimates for third-quarter profit and raised its quarterly dividend 14%, amid higher prices and production. Shares rose more than 5% on the dividend increase, with the company saying it could sustain the higher level through 2024 depending on oil and gas prices. The cash distribution comes during industry consolidation that has created stronger rivals in U.S. shale, where Conoco is a major player with production of 1.8 million barrels of oil equivalent per day (boepd).  ( 33 min )
    Palantir projects revenue above estimates on demand for AI platform
    (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday, betting on strong demand for its new artificial intelligence platform from clients including U.S. government agencies. In a positive sign of future demand for its new platform, Palantir said it was seeing strong interest in the "AI bootcamps" it had launched in October to give clients access for one to five days. "By the end of November, we're on track to conduct bootcamps with 140 organizations and half of those will take place in (that month)," Chief Revenue Officer Ryan Taylor said.  ( 33 min )
    Palantir Earnings Top Estimates Thanks to AI Boost
    Palantir reported revenue of $558 million, up 17% from a year ago, and an adjusted profit of 7 cents a share, a penny above the consensus.  ( 27 min )
    Daily Spotlight: Fed Heads to the Sidelines
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    Eli Lilly Stock Falls as Earnings Guidance Slashed Dramatically
    Lilly slashes its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.  ( 20 min )
    Starbucks beat earnings estimates: US consumer stays resilient, but China pulls back
    While Americans are still shelling out for their pumpkin spice lattes, Chinese consumers are pulling back their spending.  ( 36 min )
    Analyst Report: Raymond James Financial, Inc.
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    Moderna Beats Sales Forecasts, But Light Guidance Could Rattle Shares
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    Daily – Vickers Top Buyers & Sellers for 11/02/2023
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    ‘The Stage Is Set for a Rally’: Canaccord Sees up to 290% Upside for These 3 Stocks
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    Tesla's Oct China-made EV sales fall 2.6% from Sept
    U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said on Thursday. Elon Musk's Tesla has prioritised sales over earnings, particularly in China, where the U.S. EV giant has come under growing pressure from local rivals. Tesla's market share in China's EV segment shrank to 9.89% in the third quarter from 12.98% in the second quarter and 9.93% a year earlier.  ( 33 min )
    Novo Nordisk Earnings Surge. It Can’t Make Weight-Loss Drugs Fast Enough.
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    Stocks Rally as Fed’s Rate Hikes Seen Near End: Markets Wrap
    (Bloomberg) -- Asian shares jumped as the Federal Reserve’s signaling of an end to its historic monetary tightening campaign revived demand for risk assets. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Markets WrapStock benchm  ( 35 min )
    Shell Launches $3.5 Bln Buyback After Earnings Rose on Higher Energy Prices
    Shell launched a $3.5 billion share buyback program after third-quarter earnings rose on higher refining margins, oil prices and sales, but slightly missed market expectations.  ( 27 min )
    Lufthansa’s Earnings Beat Forecasts After Strong Summer
    Lufthansa said it expected capacity in the current quarter to reach around 91% of 2019 levels and confirmed its adjusted EBIT forecast for the year after it reported third-quarter earnings ahead of consensus.  ( 27 min )
    UPDATE 2-Novo Nordisk posts record quarterly results, keeps curbs on Wegovy supplies
    Novo Nordisk on Thursday reported record sales and operating profits for the third quarter but flagged continued restrictions on supplies of its hugely popular Wegovy weight-loss drug. Novo has struggled to keep up with soaring demand for the appetite-suppressing, anti-obesity drug and has limited the number of patients who can start treatment. "While supply capacity for Wegovy is gradually being expanded, the supply of the lower dose strengths in the U.S. will remain restricted to safeguard continuity of care," the company said in a statement.  ( 33 min )
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    The Bank of Japan’s Early Warning for the U.S.
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    The S&P 500 could soar 16% in the next year as a 'buy' signal with strong track record close to flashing, Bank of America says
    No content preview
    Vanguard Takes Final Step to Exit China, Dismantling Last Team
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    Dow Jones Futures Rise: Market Rally Gains Steam On Fed Chief Powell's 'Decay'; Roku Jumps Late
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    Sunrun Takes $1.2 Billion Charge in Latest Blow to Solar
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  • Open

    S&P 500 Gains and Losses Today: Starbucks Shares Jump Following Profit Record
    The S&P 500 added 1.9% on Thursday, Nov. 2, 2023, amid optimism that the Federal Reserve might stop boosting interest rates to bring down inflation.  ( 1 min )
    Markets Jump at Midday Amid Optimism the Fed Could Be Done Raising Interest Rates in 2023
    U.S. equities posted strong gains at midday on Thursday, Nov. 2, 2023 amid enthusiasm that the Federal Reserve may not raise interest rates to fight inflation any more this year.  ( 1 min )
    Dow Jones Today: Futures Higher, Bond Yields Dip as Fed Rally Continues
    Stock futures were higher in premarket trading Thursday as markets continued to rally on Fed Chair Jerome Powell's comments yesterday that investors have taken as a hint the Fed is done raising rates.  ( 1 min )
    5 Things to Know Before Markets Open
    Starbucks shares rose after reporting an 8% year-over-year jump in global sales and amusement park operators Six Flags and Cedar Fair agreed to a $2 billion merger. Here’s what investors need to know today.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Rises as Fed Holds Interest Rates Steady
    The S&P 500 gained 1% on Wednesday, Nov. 1, 2023, as the Fed kept interest rates at current levels but left open a possibility for additional hikes.  ( 1 min )
  • Open

    America's Middle Class Is Losing Ground Financially
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    Apple Services Revenue Climbs in Q4, Despite Companywide Revenue Decline
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    Top CD Rates Today: Another Newcomer Above 6%—This One for 6 Months
    Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.00% from two more nationwide credit unions.  ( 19 min )
    S&P 500 Gains and Losses Today: Starbucks Shares Jump Following Profit Record
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    European Economic Area (EEA) Agreement: What it is, How it Works
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    Affirm Shares Soar 19% On BNPL Offering For Amazon Business
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    Shopify Beat Profit and Sales Estimates as Gross Merchandise Volume Soared
    Shopify's gross merchandise volume soared, helping the e-commerce site post better-than-expected quarterly results  ( 16 min )
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    Six Flags and Cedar Fair Plan to Merge in an All-Stock Deal
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    PNC Savings Account Interest Rates: November 2023
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    Discover Savings Account Interest Rates: November 2023
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    How Do Business Loans Work?
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    Chime Savings Account Interest Rates: November 2023
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    Capital One Savings Account Interest Rates: November 2023
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    Bask Bank Savings Account Interest Rates: November 2023
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    Palantir Shares Surge After 3Q Results Beat Estimates, Driven by AI Demand
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    Apple Bank Savings Account Interest Rates: November 2023
    The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )
    Ally Bank Savings Account Interest Rates: November 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 22 min )
    Joseph Stiglitz: Education, Work, Legacy
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    Bitcoin vs. Altcoins: Which Is Best for Merchants?
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    What Is Arbitrage? Definition, Meaning, Example, and Costs
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    Your Guide to 401(k) and IRA Rollovers
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    Roku Shares Jumped 30% As All-Time High Subscriber Numbers Stoked Revenue Beat
    Roku stock got a big boost after the company's revenue climbed by 20% and active accounts reached an all-time high.  ( 17 min )
    Loan-to-Deposit Ratio (LDR) Definition
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    Markets Jump at Midday Amid Optimism the Fed Could Be Done Raising Interest Rates in 2023
    U.S. equities posted strong gains at midday on Thursday, Nov. 2, 2023 amid enthusiasm that the Federal Reserve may not raise interest rates to fight inflation any more this year.  ( 17 min )
    Can I Have Both a Roth and a Traditional IRA?
    You can invest in both a traditional IRA and Roth IRA if you're eligible and your total contribution doesn't exceed the annual IRS limits.  ( 25 min )
    Mumbai Interbank Forward Offer Rate (MIFOR) Overview
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    How To Adjust and Renew Your Portfolio
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    How Much Can You Contribute to Your IRA in 2024?
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    Roger B. Myerson Definition
    Roger B. Myerson is an American economist and was awarded the 2007 Nobel Memorial Prize in Economic Sciences.  ( 22 min )
    ConocoPhillips' Record Production, Favorable Oil Prices Fuel Earnings Beat
    ConocoPhillips reached an all-time high production level in line with company forecasts, as climbing oil prices helped to boost performance in the third quarter.  ( 19 min )
    PayPal Shares Jump After Profit and Sales Beat Expectations, as CEO Promises Cuts
    PayPal shares gained as the payment system provider reported better-than-expected results, raised its outlook, and its new CEO promised to cut costs.  ( 17 min )
    Instagram and Facebook Parent Meta Could Take a Hit From EU Ban on Use of Targeted Ads
    Meta could take a hit to ad sales and risk being fined as much as 4% of its global turnover as European authorities move to ban it from showing targeted ads to European users on its social media platforms.  ( 17 min )
    Qualcomm Shares Surge as Its Results Top Estimates on Rising Smartphone Demand
    Qualcomm shares jumped after reporting profit and sales beat estimates and posting better-than-expected guidance on rising demand for mobile phones.  ( 17 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 23 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )
    How to Refinance Parent PLUS Loans
    Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 22 min )
    Largest Indigenous Groups in the U.S.
    There are 574 federally recognized tribes in the United States. Here is the breakdown of some of the biggest groups.  ( 41 min )
    30-Mortgage Rates Fall Again, Sinking to an Almost 3-Week Low
    Rates fell for a second day in a row, dropping the 30-year average to its lowest point in almost three weeks. Averages for most other loan types also declined.  ( 19 min )
    Native American-Owned Banks by State
    Native American-owned financial institutions may be few in number, but they can provide a lifeline to frequently underserved communities.  ( 46 min )
    When Is Outsourcing Preferable to Vertical Integration?
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    Formula for Calculating Compound Annual Growth Rate (CAGR) in Excel
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    What Is Personally Identifiable Information (PII)? Types and Examples
    Personally identifiable information (PII) is information that, when used alone or with other relevant data, can identify an individual.  ( 28 min )
    Return on Invested Capital: What Is It, Formula and Calculation, and Example
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    Cost of Capital: What It Is, Why It Matters, Formula, and Example
    Cost of capital is a calculation of the minimum return a company would need to justify a capital budgeting project, such as building a new factory.  ( 27 min )
    Leverage Ratio: What It Is, What It Tells You, How To Calculate
    A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt, or that assesses the ability of a company to meet financial obligations.  ( 30 min )
    Standard Error (SE) Definition: Standard Deviation in Statistics Explained
    The standard error is the standard deviation of a sample population. It measures the accuracy with which a sample represents a population.  ( 24 min )
    Monte Carlo Simulation: History, How it Works, and 4 Key Steps
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    How Many Times Can You Refinance a Car Loan?
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    Starbucks Shares Surge on Earnings Beat as U.S. Consumers Splurge on Beverages
    Starbucks shares surged more than 10% in early trading Thursday after the company posted better-than-expected earnings for its fiscal fourth quarter, as U.S. consumers continued to splurge on coffee and beverages despite higher menu prices.  ( 18 min )
    What Are the 2024 Roth 401(k) Contribution Limits?
    Understand the current contribution limits for designated Roth 401(k) accounts, including additional allowable payments for those nearing retirement.  ( 25 min )
    5 Things to Know Before Markets Open
    Starbucks shares rose after reporting an 8% year-over-year jump in global sales and amusement park operators Six Flags and Cedar Fair agreed to a $2 billion merger. Here’s what investors need to know today.  ( 18 min )
    Commonly Asked Questions During a Portfolio Management Job Interview
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    The Importance of a Client's Risk Assessment
    Financial advisors and money managers must do a detailed risk assessment regarding each client before they can recommend a course of action.  ( 22 min )
    Inside Director: What It Is, How It Works, Conflicts of Interest
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    Are 401(k) Contributions Tax Deductible?
    The tax advantages of a 401(k) retirement plan explained, including how contributing to a plan can help create a bigger nest egg in the long run.  ( 25 min )
    Can You Roll Over a 403(b) to an IRA If You're No Longer Employed?
    If you are no longer working with the employer that established your 403(b) account, you can roll over your 403(b) balance into a traditional IRA.  ( 23 min )
  • Open

    Gaat klimaatverandering sneller dan gedacht? Topwetenschapper vreest van wel
    De beroemde klimaatwetenschapper James Hansen denkt dat de aarde nog sneller opwarmt dan tot nu toe werd aangenomen. De grens van 1,5 graden opwarming wordt nog voor 2030 doorbroken, voorspelt hij in een donderdag verschenen studie.  ( 13 min )
    Autofabriek VDL Nedcar schrapt na eerdere ontslagronde nog tweeduizend banen
    VDL Nedcar in Born schrapt in maart 2024 nog eens tweeduizend banen, ruim drie kwart van het totaal. De autofabriek heeft niet voldoende werk meer voor het personeel. Deze maand gingen er al vijftienhonderd medewerkers uit.  ( 9 min )
    Nog een zorgpremie omhoog: Zorg en Zekerheid vraagt 8 euro meer
    Zorg en Zekerheid verhoogt de premie van de basisverzekering in 2024 met 5,7 procent. Die stijgt van 139,95 naar bijna 147,95 euro per maand. Oorzaken zijn de inflatie en hogere zorgsalarissen.  ( 9 min )
    NS schrapt plannen voor spitsheffing vanwege gebrek aan draagvlak
    De NS schrapt plannen om prijzen van treinkaartjes omhoog te gooien tijden de spits en te verlagen op rustige momenten. Dat laat NS-topman Wouter Koolmees weten. Hij ziet dat er geen draagvlak is.  ( 9 min )
    Dubbel zoveel vuurwerk afgekeurd als vorig jaar
    Inspectiedienst ILT heeft ruim 40 procent van het vuurwerk dat ze hebben getest afgekeurd. Vooral fonteinen voldeden niet aan de regels. De bedrijven moeten dit vuurwerk zo snel mogelijk van de markt halen. ILT wil dat afdwingen met dwangsommen.  ( 8 min )
    Maatschappij die opriep KLM te weren in VS verliest landingsrechten op Schiphol
    Luchtvaartmaatschappij JetBlue verliest komend jaar de start- en landingsrechten op Schiphol. Dat is duidelijk geworden bij de nieuwe verdeling van deze slots. In een voorschot op dit besluit riep JetBlue al op om KLM te weren in New York.  ( 8 min )
    Ruim tienduizend mensen probeerden vorig jaar verzekering op te lichten
    Verzekeraars hebben vorig jaar ruim tienduizend mensen betrapt bij een poging fraude te plegen. Daarmee hebben ze naar eigen zeggen ruim 80 miljoen euro aan fraude voorkomen.  ( 8 min )
    KLM schrapt donderdag vanaf begin middag alle vluchten vanwege storm Ciarán
    KLM schrapt donderdag vanaf het begin van de middag alle aankomende en vertrekkende vluchten vanwege de storm Ciarán die dan over het land raast.  ( 11 min )
    Hogere prijzen voor olie zorgen voor flinke winst bij Shell
    Shell heeft in het derde kwartaal geprofiteerd van hogere olieprijzen, terwijl het ook de productie van olie wist op te schroeven. Mede daardoor kwam de winst bij het energieconcern uit op 6,2 miljard dollar (ruim 5,8 miljard euro).  ( 8 min )
    Amazon verhoogt prijs van Prime-abonnement met 66 procent
    Vanaf 12 december ga je 4,99 euro per maand betalen voor het Amazon Prime-abonnement. Nu kost de dienst 2,99 euro per maand. Prime geeft onder andere toegang tot een streamingvideodienst en gratis bezorging van Amazon-bestellingen.  ( 8 min )
    Duitsland verlengt prijsplafond uit vrees voor nieuwe energiecrisis
    De Duitse regering blijft burgers en bedrijven helpen met het betalen van de vorig jaar sterk gestegen energierekening. Zo blijft het prijsplafond langer van kracht en krijgen beheerders van het stroomnet miljardensubsidies.  ( 8 min )
    Rentebeleid belangrijke pijler onder miljardenwinst ING
    ING, de grootste bank van ons land, zette in het derde kwartaal een winst in de boeken van 1,98 miljard euro. Dit kwam volgens de bank mede door goede resultaten van het rentebeleid.  ( 8 min )
  • Open

    Six Flags and Cedar Fair Plan to Merge in an All-Stock Deal
    The combined Six Flags and Cedar Fair company will be worth $8 billion, becoming one of the biggest theme park operators in the Americas.  ( 1 min )
    Affirm Shares Soar 19% On BNPL Offering For Amazon Business
    Shares of payments provider Affirm jumped more than 19% after expanding its partnership with Amazon to offer buy now, pay later (BNPL) services to the e-commerce giant's business-to-business (B2B) clients.  ( 1 min )
    Shopify Beat Profit and Sales Estimates as Gross Merchandise Volume Soared
    Shopify's gross merchandise volume soared, helping the e-commerce site post better-than-expected quarterly results  ( 1 min )
    Instagram and Facebook Parent Meta Could Take a Hit From EU Ban on Use of Targeted Ads
    Meta could take a hit to ad sales and risk being fined as much as 4% of its global turnover as European authorities move to ban it from showing targeted ads to European users on its social media platforms.  ( 1 min )
    Starbucks Shares Surge on Earnings Beat as U.S. Consumers Splurge on Beverages
    Starbucks shares surged more than 10% in early trading Thursday after the company posted better-than-expected earnings for its fiscal fourth quarter, as U.S. consumers continued to splurge on coffee and beverages despite higher menu prices.  ( 1 min )
    AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance
    Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 1 min )

  • Open

    ‘Load Up,’ Says Goldman Sachs About These 3 ‘Strong Buy’ Stocks
    The economy is presenting us with a mixed picture lately. The jobs numbers are showing underlying strength, but inflation remains sticky, and the Fed, in response, has committed itself to a policy of high-interest rates and monetary tightening. Consumer spending is still strong, but savings rates and credit availability are both down. And with an election just one year away and geopolitical crises flashing hotter every day, the only certainty is uncertainty. For David Kostin, chief US equity str  ( 37 min )
    Real Estate Commissions Are Big Money. How a Jury Award Could Flip the Housing Market.
    A federal jury’s $1.8 billion verdict could result in lower costs of buying and selling a home.  ( 32 min )
    UPDATE 1-Energy Transfer misses estimates in Q3 but crude, NGL volumes hit record
    Energy Transfer reported third quarter 2023 earnings that slightly missed Wall Street expectations, even as natural gas liquids (NGL) and crude transportation volumes hit a company record. Energy Transfer's third quarter 2023 adjusted earnings of $0.33 per share were just under the $0.34 per share expected by analysts, according to LSEG data. Energy Transfer's adjusted earnings before interest, taxes, depreciation and amortization in the quarter were $3.54 billion, compared with $3.09 billion last year.  ( 33 min )
    Will CD Rates Climb Higher? The Clues in Today's Fed Announcement
    The best CD rates are already at 20-year highs, paying up to 6.50%. But will these historically high returns climb even higher? Here's what we learned today from the Fed.  ( 21 min )
    Fed's Powell says balance sheet rundown will proceed without change for now
    Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown of the central bank's still-massive balance sheet. While shrinking Fed holdings may have a small impact on real world borrowing costs, "I think it’s hard to make a case that reserves are even close to scarce at this point." Powell spoke on the state of the central bank's holdings of cash and bonds after a meeting in which officials again held their overnight interest rate target range steady at between 5.25% and 5.5%, the same level it's been since the end of July.  ( 33 min )
    Homeowners Are Increasingly Reluctant to Sell, But Not For The Reason You'd Expect
    Homeowners are growing more reluctant to sell their houses—and it’s not just the “lock-in” effect of today’s high mortgage rates keeping them there, a recent poll found.  ( 21 min )
    SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
    SolarEdge had trimmed its third-quarter revenue expectations last month due to high inventories and a slowdown in installation which led to substantial cancellations and backlog clearing from its European distributors in the quarter. SolarEdge forecast adjusted gross margin in the range of 5% to 8% for the fourth quarter. Peer Enphase had also forecast a weak fourth- quarter revenue.  ( 33 min )
    ELF Beauty Earnings Crush High Bar; ELF Beauty Stock Soars On Raised Outlook
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    Super Micro Computer Beats Estimates On AI Infrastructure Demand
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    Energy Transfer's crude, NGL transportation volumes hit record in Q3
    Energy Transfer's adjusted earnings before interest, taxes, depreciation and amortization in the quarter were $3.54 billion, compared with $3.09 billion last year, the company said. NGL transportation volumes were up 14%, a record for the company, while crude transportation volumes gained 23%, also a record, the company said. The company's NGL exports were up more than 20%, another record.  ( 33 min )
    AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance
    Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 20 min )
    Saylor’s MicroStrategy Posts Loss After Writing Down Bitcoin Holdings
    (Bloomberg) -- MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, posted a third-quarter loss after taking a writedown because of a decline in the value of the cryptocurrency. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: US Says the First of Its Citizens Depart GazaIsrael Latest: Blinken Returning to Israel; Refugee Camp HitMarke  ( 34 min )
    PayPal Earnings Beat; Guidance Light Amid New CEO's Growth Plans
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    PayPal raises full-year profit forecast above Wall Street estimates
    It also named Jamie Miller as its new chief financial officer. Consumer spending has shown remarkable strength this year, with analysts expecting the cheer to extend to the holidays, as companies dangle steep discounts on everything from electronics to clothing to entice inflation-weary shoppers. Online sales during the U.S. holiday season, which includes some of the biggest shopping days such as Cyber Monday, Thanksgiving and Black Friday, are expected to rise 4.8% from a year earlier, a report from Adobe Analytics showed in October.  ( 33 min )
    Real estate industry facing pushback to longstanding rules setting agent commissions on home sales
    A series of court challenges seek to upend longstanding real estate industry practices that determine the commissions agents receive on the sale of a home — and who foots the bill. A federal jury in one of those cases on Tuesday ordered the National Association of Realtors along with some of the nation's biggest real estate brokerages to pay almost $1.8 billion in damages, after finding they artificially inflated commissions paid to real estate agents. The class-action lawsuit was filed in 2019 on behalf of 500,000 home sellers in Missouri and some border towns.  ( 35 min )
    MercadoLibre's third-quarter profit soars past expectations
    Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after revenue grew across markets, especially in Brazil. "We had another super solid quarter," Andre Chaves, senior vice president of strategy and corporate development, told journalists, highlighting the acceleration of revenue growth in e-commerce and the firm's fintech arm in its major markets. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year.  ( 33 min )
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    Best Dow Jones Stocks To Buy And Watch In November 2023: Microsoft Hits Buy Point
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    What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards
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    Stock market news today: Stocks rise as Fed holds rates steady
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    Warren Buffett’s trusted lieutenant Charlie Munger ecstatic over $6 billion investment in Japan: ‘Like having God opening a chest and just pouring money into it’
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    Charles Schwab lays off 5% to 6% of total headcount
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    Paycom Shares Tumble as Popularity of Its Automated System Eats Into Other Revenue Sources
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    The 'Magnificent Seven' stock market leaders went their separate ways in October
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    Stock market news today: Stocks rise with Fed rates decision on deck
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    Paycom Stock Plunges On Q3 Revenue Miss, Weak 2024 Outlook
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    SunPower Stock Tumbles. Earnings Were That Bad.
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    Stock market news today: US futures slip with Fed rates decision on deck
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    Alibaba Slumps As This Chinese Retailer Aims To Extend 568% Gain
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    Analyst Report: Progressive Corp.
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    Estee Lauder, Canada Goose slash annual targets as China recovery falters
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    NIO, XPeng, and Li Auto Deliveries Set a Record. Tesla Investors Are Relieved.
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    CVS profit beats estimates on strong performance of pharmacy operations
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    Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward
    This ‘crucial milestone’ that signifies financial stability will be lost on new homeowners for more than a decade.  ( 36 min )
    Futures slip as investors await Fed rate verdict
    The Fed is widely expected to keep interest rates unchanged but investors will focus on Fed Chair Jerome Powell's conference at 1430 ET (1830 GMT) after the statement to gauge how long the central bank could keep rates elevated. "We know that Jerome Powell won't call the end of the policy tightening after seeing a blowout growth data," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank, referring to a robust third-quarter U.S. gross domestic product (GDP) report.  ( 34 min )
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    Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects
    Orsted booked a $4 billion impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.  ( 28 min )
    Coinbase Will Likely See Another Quarterly Loss. Better Days Are Ahead.
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    Aston Martin shares fall after volume target cut
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    Stocks Could Jump Soon. This Tech Name Is a Good Way to Play a Bounce.
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    Toyota rides weak yen, demand for hybrids to post blowout profit
    Toyota Motor on Wednesday more than doubled its second-quarter operating profit to 1.44 trillion yen ($9.5 billion), as the world's largest automaker was bolstered by a weak yen currency and strong sales. ($1 = 151.2900 yen)  ( 32 min )
    Japan Ramps Up Yen Intervention Warning After BOJ-Fueled Selloff
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    Realtors must pay home sellers $1.8 billion for inflating commissions
    The National Association of Realtors and other industry players conspired to boost the commissions paid to real estate agents, jury rules.  ( 33 min )
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  • Open

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    Het aantal jonge mannen dat kiest voor een technische opleiding is nog altijd fors groter dan het aantal vrouwen. 609.000 jongeren tot 35 jaar hebben de afgelopen jaren een technische opleiding afgerond, van wie ongeveer 125.000 vrouw zijn.  ( 8 min )
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    Alleenstaanden en oud-studenten krijgen iets meer ruimte voor hypotheek
    Alleenstaanden kunnen volgend jaar een hogere hypotheek krijgen dan nu, meldt demissionair minister Hugo de Jonge (Wonen). Alleenstaanden die meer dan 28.000 euro per jaar verdienen, mogen 16.000 euro meer lenen. Ook mensen met een studieschuld mogen straks meer lenen.  ( 10 min )
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    Toyota breekt verkooprecords door lage waarde van Japanse munt
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    De provincie Noord-Holland heeft meer dan twee decennia lang toegestaan dat er te veel kankerverwekkende stoffen uit een fabriek van Tata Steel lekten. Dat blijkt uit onderzoek van NU.nl voor de podcast Tata’s ijzeren greep.  ( 18 min )
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    De provincie Noord-Holland heeft meer dan twee decennia lang toegestaan dat er te veel kankerverwekkende stoffen uit een fabriek van Tata Steel lekten. Dat blijkt uit onderzoek van NU.nl voor de podcast Tata’s ijzeren greep.  ( 18 min )
  • Open

    Top CDs Today: Best 1-Year Rate Jumps to 6.18%
    Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.00% from two more nationwide credit unions.  ( 19 min )
    Facing Headwinds, Southeast Asia's Digital Economy Could Grow at Slowest Pace in Years
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    The best CD rates are already at 20-year highs, paying up to 6.50%. But will these historically high returns climb even higher? Here's what we learned today from the Fed.  ( 18 min )
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    Litecoin has been referred to as the silver to Bitcoin's gold, but what is Litecoin, and how does it compare to its more famous counterpart?  ( 24 min )
    Average Credit Card Interest Rates - Nov. 2023: Rates Remain Steady
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed an increase of an eighth of a point in the overall median available rate. These are the current rates as of Nov. 2023.  ( 24 min )
    How To File Bankruptcy on a Car Loan
    You can file bankruptcy on your car loan, but it’s not a good way of getting out of the loan. You won’t be able to both expunge the loan and keep your car.  ( 25 min )
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    The terms bull and bear are used to describe sentiments or activity in the market. But how were they named?  ( 27 min )
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    Homeowners are growing more reluctant to sell their houses—and it’s not just the “lock-in” effect of today’s high mortgage rates keeping them there, a recent poll found.  ( 19 min )
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    S&P 500 Gains and Losses Today: Index Rises as Fed Holds Interest Rates Steady
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    AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance
    Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 19 min )
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    Toyota Stock Soars as Profit Doubles Year Over Year
    Toyota's profit for the first six months of the fiscal year more than doubled amid strong global sales and a weakening yen.  ( 18 min )
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    A standby letter of credit is a bank's commitment of payment to a third party in the event that the bank's client defaults on an agreement.  ( 24 min )
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    Form 8283: Noncash Charitable Contributions is an IRS tax form for deducting non-cash contributions made to a qualifying charitable organization.  ( 23 min )
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    Top Delta Air Lines Shareholders
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    Job Openings Remain Elevated, But Quit Rates and Layoffs at Pre-Pandemic Levels
    The Labor Department’s JOLTS report showed 9.6 million job vacancies at the end of September, hovering near economists' expectations and last month's levels.  ( 17 min )
    Estée Lauder Shares Sink 20% After Slower China Demand Hits Earnings, Guidance
    Estée Lauder shares tumbled as much as 20% in intraday trading Wednesday after the beauty products maker said current-quarter profits could be less than half what analysts had expected.  ( 18 min )
    Next Fed Meeting: When It Is in December and What To Expect
    The Fed had raised rates several times in 2023 to combat inflation, before pausing late in the year.  ( 28 min )
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    Top Growth Stocks for November 2023
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    IRS Raises 401(k) Contribution Limit To $23,000
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    We publish the work of so many writers, photographers, and illustrators, but few are Black, Indigenous, or People of Color (BIPOC). We will change that.  ( 13 min )
    Generac Beats Profit and Sales Forecasts on Rising Demand for Home Generators
    Generac beat profit and sales estimates on rising demand for its backup power systems and a reduced inventory backlog.  ( 17 min )
    U.S. Set to Draw Record Amount From Emergency Oil Reserve
    Oil prices plunged after word spread that the U.S. government plans to draw a record amount of oil from its emergency supplies.  ( 19 min )
    September Construction Spending Up 0.4%, Meeting Economists' Expectations
    Construction spending increased 0.4% in September from the previous month, as a housing shortage is boosting new construction, though high interest rates may hamper further gains.  ( 18 min )
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    Federal Reserve Holds Interest Rate At 22-Year High
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    WeWork Shares Fall to All-Time Low Following Reports of a Possible Bankruptcy Filing
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    Buyer's Monopoly: What it Means, How it Works
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    Top Oil and Gas Stocks for Q4 2023
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    DuPont Shares Drop Despite Earnings Beat After Lowering Its Guidance as China Demand Slows
    DuPont's third-quarter earnings beat analyst estimates, but the chemical company lowered its revenue guidance on slowing demand from China.  ( 17 min )
    Markets Climb at Midday Ahead of Fed Decision as Private Payrolls Rise Less Than Expected
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    Top Shipping Stocks for Q4 2023
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    Paycom Shares Tumble as Popularity of Its Automated System Eats Into Other Revenue Sources
    Paycom missed profit and sales estimates, and its guidance was also short of forecasts, as customers switched to an automated system that Paycom said ate into other sources of revenue.  ( 17 min )
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    How To Pay with Cryptocurrency
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    CVS's Results Beat Forecasts, but Shares Fall as It Cuts Full-Year Unadjusted EPS
    CVS beat profit and sales estimates on gains in its health services business, but shares fell as it reduced its full-year unadjusted EPS.  ( 17 min )
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    Know Your Client (KYC) are a set of standards used in the investment services industry to verify customers and their risk and financial profiles.  ( 24 min )
    30-Year Mortgage Rates Drop to 2-Week Low
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    Investors were closely watching this announcement to see how the Treasury would work to finance the country's $1.7 trillion budget deficit.  ( 18 min )
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    Top Natural Gas Stocks for Q4 2023
    Permian Resources, Earthstone Energy, and Gulfport Energy assert themselves in a volatile year for natural gas prices.  ( 20 min )
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    5 Things to Know Before Markets Open
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    Can You Automatically Roll Over a CD When It Expires?
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  • Open

    WeWork Shares Fall to All-Time Low Following Reports of a Possible Bankruptcy Filing
    WeWork shares plunged to their lowest level ever following reports the flexible office space provider may declare bankruptcy.  ( 1 min )
  • Open

    Markets Climb at Midday Ahead of Fed Decision as Private Payrolls Rise Less Than Expected
    U.S. equities were higher at midday on Wednesday, Nov. 1, 2023 after a report showed private sector hiring missed estimates and ahead of the Fed's decision on interest rates.  ( 1 min )
    Why Market Watchers Care More About The Treasury Than The Fed This Week
    The U.S. Treasury's unveiling of its refinancing plans, scheduled for Wednesday, likely will steal the attention of market participants, even as the Federal Reserve gets set to announce its latest interest rate decision.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve is expected to announce a decision to keep interest rates steady and CVS reported an earnings beat on growth in its health services business. Here’s what investors need to know today.  ( 1 min )
    Dow Jones Today: Stock Futures Fall Ahead of Treasury Refunding, Fed Rate Decision
    Stock futures were lower in premarket trading Wednesday as investors awaited Treasury refunding, the Federal Reserve's second-last interest rate decision of the year, and September labor data.  ( 1 min )
    S&P 500 Gains and Losses Today: Arista Networks Results and Guidance Beat Estimates
    The S&P 500 gained 0.65% on Tuesday, Oct. 31, 2023, ahead of Wednesday's Federal Reserve decision, more key earnings news, and Friday's jobs report.  ( 1 min )

  • Open

    AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
    (Bloomberg) -- Advanced Micro Devices Inc., Intel Corp.’s main rival in computer processors, gave a lackluster revenue forecast for the current period, warning that demand for gaming machines is slowing.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisIsrael Latest: Hamas Vows to Free Captives, Refugee Camp HitInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts St  ( 33 min )
    Brace for 8% mortgage rates to drag the US housing market into a 1980s-style recession, Wells Fargo warns
    Strategists compared the current slowdown in activity to the 1980s, when the Fed's aggressive interest-rate hikes also put pressure on house prices.  ( 33 min )
    Charlie Munger rips into VCs, saying they're closer to gamblers than investors and get rich at others' expense
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    Canada Hedge Fund's Trades Halted After Losses, Manager's Death
    (Bloomberg) -- The sudden death of a Toronto-based hedge fund manager has prompted an investigation into tens of millions of dollars in losses that the fund appears to have run up.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Game Unit Cut 8% of Staff After ‘Destiny’  ( 34 min )
    Lumen Technologies tops third-quarter revenue estimates on strong demand
    Lumen has a network of fiber optic and copper cables and provides cloud-based communication services and IT solutions to businesses and users, helping them managing calls, messages and video meetings on a single interface. The proposed sale of Lumen's EMEA business is expected to close on Wednesday, subject to meeting customary closing conditions, the company said. The company has also decided to take reorganization measures, "which will result in about 4% fewer people inside the company," CEO Kate Johnson said in an earnings call.  ( 33 min )
    Lumen Technologies tops third-quarter revenue estimates on strong demand
    Telecommunications services firm Lumen Technologies beat Wall Street estimates for third-quarter revenue on Tuesday, helped by strong demand for its services as businesses digitize their operations. Lumen has a network of fiber optic and copper cables and provides cloud-based communication services and IT solutions to businesses and users, helping them managing calls, messages and video meetings on a single interface. The proposed sale of Lumen's EMEA business is expected to close on Wednesday, subject to meeting customary closing conditions, the company said.  ( 33 min )
    US real estate agents liable for $1.8bn over broker fees on home purchases
    Lawsuit alleged that agencies conspired to force sellers to pay hefty commissions  ( 6 min )
    Top CDs Today: Record Rates of 6% and 6.50% Are Available Nationwide
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    AMD beats earnings estimates, misses Q4 guidance
    The chipmaker is betting its new chips can help it gain position in the AI race.  ( 34 min )
    Chipmaker AMD Returns To Sales, Earnings Growth With Q3 Report
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    What 10 states are struggling the most to hire workers? See map.
    With a job opening rate of 10.6% last month, one western state is struggling more than any other when it comes to hiring  ( 32 min )
    UPDATE 1-AMD forecasts fourth-quarter revenue below estimates
    Chip designer Advanced Micro Devices forecast fourth-quarter revenue below Wall Street estimates on Tuesday, hurt by a weak gaming market as well as a decline in demand from some industries for its programmable chips. Shares of the Santa Clara, California-based company fell 3% in trading after the bell.  ( 33 min )
    AMD forecasts misses estimates, shares drop
    Shares of the Santa Clara, California-based company fell 3% in trading after the bell. While the PC market is in recovery mode, demand for programmable chips used by industries such as healthcare and automotive have slowed down.  ( 33 min )
    Treasury Sets I Bond Rate Over 5%, but Advisors Say It May Not Be Worth It
    The U.S. Treasury has set the interest rate on inflation-protected I bonds purchased from November through April next year at 5.27%, up from 4.3% over the past six months.  ( 20 min )
    Top Dividend Stocks for October 2023
    Dividend stocks provide investors with reliable passive income and make it possible to reinvest money back into the dividend-issuing company.  ( 21 min )
    Bitcoin Turns 15. Here’s How Much You Would’ve Made If You Invested on Day 1.
    Today is Bitcoin's 15th birthday. Some lucky people have reason to celebrate. Since it first started trading on an exchange, the token is up 3,449,989,839%.  ( 25 min )
    Jury Finds Realtors Conspired to Keep Commissions High, Awards Nearly $1.8 Billion in Damages
    The National Association of Realtors and large residential brokerages were found liable for about $1.8 billion in damages in a verdict that could upend the home-sale industry.  ( 29 min )
    Jury hits National Association of Realtors, real estate companies with $1.8 billion in damages
    A U.S. jury in Missouri on Tuesday said the National Association of Realtors and several real estate companies together owe more than $1.7 billion in class action damages, finding they conspired to artificially drive up the commission that home sellers pay to buyers' brokers. The verdict followed a two-week trial in federal court in Kansas City, where the case had drawn widespread attention for challenging widely used real estate industry practices. The jury award will be automatically tripled under U.S. antitrust law to more than $5.3 billion, said Michael Ketchmark, the lead lawyer for the plaintiffs.  ( 32 min )
    Zillow Plunges After Verdict on Real Estate Brokerage Commissions
    (Bloomberg) -- Zillow Group Inc. and other real estate stocks plunged after a Missouri jury found the National Association of Realtors and other industry players guilty of colluding to maintain high brokerage commissions. Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Deadly Strike Hits Refugee Camp as Army AdvancesIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bu  ( 33 min )
    Bud Light parent Anheuser-Busch InBev's sales tumble further in US
    Anheuser-Busch InBev reported a 17.1% decline in sales volume in North America in the third quarter as its Bud Light brand continues to struggle after a controversial marketing move.  ( 34 min )
    Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes
    (Bloomberg) -- Billionaire investor Stan Druckenmiller said he’s bought “massive” bullish positions in two-year notes, as he’s become more worried about the economy.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisIsrael Latest: Hamas Vows to Free Captives, Refugee Camp HitInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesIn recent  ( 34 min )
    SoFi Lands Upgrade After Strong Earnings Report
    On Monday, the fintech posted a third-quarter adjusted loss of 3 cents a share, narrower than the 8-cent loss Wall Street expected.  ( 20 min )
    Biden Wants to Make This Big Change to IRA Rollovers
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    Cloud Companies Will Spend Billions on AI. This Stock Is ‘the Best Way’ to Play the Buildout.
    Morgan Stanley analyst Meta Marshall raised her call on Arista Networks stock to Overweight from Equal Weight and boosted her target for the price.  ( 22 min )
    This Tesla Rival Is 'Top Pick' As Warren Buffett Dumps More Shares Of Another
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    J.P. Morgan Sees at Least 60% Gains in These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Soar
    “The world is changing: I feel it in the water, in the earth, and in the air,” wrote Tolkien of the aftermath of the War of the Ring. We’re not living in an epic fiction, but change is definitely in the air. Our world is shifting towards a more chaotic multi-polar geopolitical reality, and economies are making a difficult switch from easy-money policies to more fiscally restrained regimes. For investors, the immediate effect is felt in stubborn inflation, high interest rates, and an uncertain ma  ( 37 min )
    Stock market news today: US stocks waver in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.  ( 42 min )
    How To Collect $1,000 Per Month From Warren Buffett's Favorite Dividend Stock
    Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don’t find a way to make money while you sleep, you will work until you die." Don’t Miss: Elon Musk has  ( 34 min )
    Analyst Report: Global Payments, Inc.
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    Analyst Report: Celestica Inc
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    Analyst Report: CME Group Inc
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    Analyst Report: American Tower Corp.
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    Analyst Report: M.D.C. Holdings, Inc.
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    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Looking For Price Gains With Your Dividend? Analysts Are Bullish On These 3 Dividend Payers - Predicting 50%+ Upside
    When the stock market gets rocky, dividends can provide a steady stream of income. And when those dividends come from companies with a bright future, that’s a win-win for investors. After the stock prices have taken a beating this year, these three companies are sitting at, or near, all-time high dividend yields along with some major upside on price. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 mi  ( 35 min )
    Market Update: AMT, CLS, CME, GPN, MDC, SHW, PM, PINS
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    IBD Stock Of The Day Cameco Flashes Buy Signal As Earnings Skyrocket 1,000%
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    Never Mind Covid, Investors Want a Pfizer Obesity Pill
    The pharmaceutical company’s silence on its oral obesity drug worries investors.  ( 29 min )
    Charles Schwab Begins Layoffs as Part of Cost-Cutting Efforts
    The company says staffing reductions are largely in non-client-facing areas and accompany plans to close some offices.  ( 22 min )
    4 more insurers are leaving California after Allstate and State Farm flee wildfire risk
    Moves follow a large withdrawal of companies from Florida, whose CFO called them “the Bud Light of the insurance industry."  ( 34 min )
    Enterprise Products doubles down on gas liquids with pipelines, processing plants
    Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline in Texas to NGLs, officials said on Tuesday. The energy infrastructure provider has sharpened its focus on NGLs that are used to make plastics and gasoline on rising global demand and a boom in U.S. exports.  ( 33 min )
    Nvidia shares drop to five-month-low after report of canceled China orders
    Shares of Nvidia Corp dropped by nearly 5% to a nearly five-month-low on Tuesday following a report that the artificial intelligence (AI) giant may be forced to cancel up to $5 billion worth of advanced chip orders to China in compliance with new U.S. government restrictions. Nvidia was notified last week that AI chip orders scheduled for delivery next year to major Chinese technology companies, including Alibaba Group, TikTok owner-ByteDance and Baidu, are subject to the latest export restrictions announced by the U.S. Commerce Department, according to a Wall Street Journal report citing people familiar with the matter. Nvidia's stock fell to as low as $392.30, down 4.7%, to the lowest level since mid-June.  ( 34 min )
    North Face, Vans Owner VF’s Stock Is Having Its Worst Day Since the ‘80s
    VF shares tumbled after the apparel company pulled its annual guidance, slashed its dividend and said it would replace the president of its Vans brand. The Denver-based company said late Monday that the only brand in its portfolio to post higher sales last quarter was North Face. “We are not makin  ( 24 min )
    Amgen Tumbles After Scrapping A $900 Million Prostate Cancer Drug
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    Bud Light brewer to make $1bn payout in wake of trans backlash
    The owner of Budweiser and Corona is to hand investors $1bn (£824m) in a bid to restore confidence after a trans backlash against the company.  ( 34 min )
    I'm High-Net-Worth & Approaching Retirement. How Can I Make Sure I'm Ready For the Transition?
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    Ask an Advisor: I'm 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life?
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    Are You a Retiree & Can't Afford Healthcare Cossts? Medicare May Not Be The Answer
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    Oil could surge to record $157 per barrel if Middle East turmoil spreads: World Bank
    Oil prices could surge to record highs if the conflict in the Middle East broadens and the Ukraine war continues. Such an oil shock would create more food inflation, says the World Bank.  ( 34 min )
    Stock market news today: US stocks flat in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.  ( 37 min )
    Treasury Raises Interest Rate on I Bonds Purchased in Next Six Months
    Series I savings bonds purchased in the six months starting Wednesday will initially pay 5.27%, up from 4.3% in the six months ending Tuesday.  ( 22 min )
    Bankman-Fried’s Evasive Answers Again Irk Judge
    A prosecutor asked Sam Bankman-Fried about testimony by former FTX software developer Adam Yedidia. Earlier in the trial, Yedidia told jurors that after fixing an accounting bug in the summer of 2022, he warned the crypto entrepreneur that Alameda Research owed $8 billion to FTX. “I don’t remem  ( 23 min )
    Why Realty Income's Share Price Fell After Acquisition Announcement
    In the wake of Realty Income Corp.’s (NYSE:O) announcement to acquire Spirit Realty Capital Inc (NYSE:SRC) in a $9.3 billion transaction, market watchers observed a roughly 5.4% decline in Realty Income’s share price. This downward movement has left some investors puzzled considering the news appears to be positive for shareholders. However, it's quite common for the share price of the acquiring company to slide after an acquisition announcement while investors weigh the potential pros and cons  ( 34 min )
    Nvidia Earnings May Be Dominated by China Woes. 2024 Sales Could Take a Hit.
    $5 billion in chip orders to China for 2024 are at risk, The Wall Street Journal reported.  ( 24 min )
    EVs Were Supposed to Be the Answer. Now They’re the Problem.
    EV problems are piling up. That's not good for Tesla, or any auto maker.  ( 27 min )
    Dow Jones Falls 125 Points After Key Housing Data; Caterpillar Dives On Earnings
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    Stock market news today: US stocks fall in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks, as the Fed's meeting begins.  ( 34 min )
    BP Stock Falls After Earnings. It’s Tough for Big Oil to Beat Last Year.
    BP maintained its dividend and extended its share buyback program.  ( 21 min )
    Pfizer Misses Sales Estimates as Revenue for Covid-19 Products Drop
    Pfizer reports a third-quarter loss of 17 cents a share on revenue of $13.2 billion.  ( 28 min )
    Fidelity Takes a Page Out of Schwab’s Playbook on Low-Paying Sweep Accounts
    Fidelity will no longer allow advisors to use their high-yielding money-market funds as the sweep account for new nonretirement accounts.  ( 22 min )
    Billionaire investor Stanley Druckenmiller accuses Janet Yellen of making the ‘biggest blunder in Treasury history’
    The hedge funder argued that the Treasury Secretary “has no right” to still be in her job.  ( 33 min )
    Fidelity Takes a Page Out of Schwab’s Playbook on Low-Paying Sweep Accounts
    Fidelity will no longer allow advisors to use their high-yielding money-market funds as the sweep account for new nonretirement accounts.  ( 22 min )
    Caterpillar Stock Falls After Company Smashed Earnings. What’s Behind the Move.
    Caterpillar reports third-quarter earnings of $5.52 a share, beating estimates of $4.80.  ( 23 min )
    JetBlue Stock Fall After Airline Forecasts Wider Loss
    Shares of JetBlue slumped more than 7% in premarket trading after the airline forecast a wider-than-expected loss in the current quarter. The weak outlook comes after JetBlue’s third-quarter results missed Wall Street expectations due to significant delays during the summer travel season. "While w  ( 24 min )
    Pfizer Earnings Dragged Down by Weak Demand for Covid Products
    Pfizer swung to a loss and posted a sharp drop in quarterly sales, weighed down by soft demand for its Covid-related products. The pharmaceutical giant posted a 70% drop in operational sales, adjusted for currency fluctuations, of its Covid-19 vaccine, ahead of the launch of new variant shots. Oper  ( 24 min )
    AMD earnings preview: The race to catch Nvidia is on
    The chipmaker is betting its new chips can help it gain position in the AI race.  ( 34 min )
    Stock market news today: US stocks look to keep up rally in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks, as the Fed's meeting begins.  ( 34 min )
    10 Stocks Turn $10,000 Into $158,688 In 10 Months
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    Ozempic, Wegovy, and other weight loss drugs’ real business impact
    The potential of weight loss drugs is too appetizing for Wall Street to pass up. But they may not have the doomsday effect on food and health as some feared.  ( 40 min )
    A continuing decline in sales of COVID-19 products clips revenue at Pfizer
    Pfizer losses were not as great as expected in the third quarter, but a continued decline in sales of its COVID-19 products clipped revenue. Pfizer Inc. on Tuesday reported a $2.38 billion quarterly loss, or 42 cents per share. Adjusted for one-time gains or losses, the New York company lost 17 cents per share, a much narrower loss than the 42 cents that Wall Street had expected, according to a survey of industry analysts by FactSet.  ( 34 min )
    Caterpillar Crushes Q3 Estimates But Has This Issue; CAT Stock Slides
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    Caterpillar Stock Falls on Weak Outlook
    Shares of Caterpillar fell in premarket trading after the construction-equipment maker issued an underwhelming sales outlook for the current fourth quarter. The view came after Caterpillar posted higher earnings and revenue in the third quarter, driven by higher prices and volumes. Sales rose acro  ( 23 min )
    These Stocks Are Moving the Most Today: Caterpillar, JetBlue, Pfizer, Arista, Lattice, Pinterest, and More
    Caterpillar smashes earnings estimates but the stock falls, while JetBlue shares slump after the carrier says it expects a fourth-quarter loss wider than Wall Street expectations.  ( 27 min )
    Why Exxon and Chevron’s Deals Leave Investors Cold
    Underwhelming results and doubts about recent deals weigh on the oil companies’ shares.  ( 28 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Caterpillar Smashes Wall Street’s Earnings Estimates. The Stock Is Rising.
    Caterpillar reports third-quarter earnings of $5.52 a share, beating estimates of $4.80.  ( 22 min )
    Analyst Report: Lazard Ltd.
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    Analyst Report: Bristol-Myers Squibb Co.
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    Market Digest: CB, AN, BMY, HAS, ISRG, KMB, LAZ, MKTX, TROW, LEA
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    Analyst Report: Lear Corp.
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    Analyst Report: T. Rowe Price Group Inc.
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    AMD’s New AI Chip Poised to Steal Earnings Spotlight
    Advanced Micro Devices Inc. has shown that it can finally challenge Intel Corp. Now it’s taking a run at the new king of the chip industry.  ( 36 min )
    Daily – Vickers Top Buyers & Sellers for 10/31/2023
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    Daily – Vickers Top Insider Picks for 10/31/2023
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    Carlsberg CEO: Russia has 'stolen our business'
    Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday. The Danish group had since last year attempted to sell its Baltika subsidiary in Russia, following in the footsteps of many other Western companies exiting Russia since its invasion of Ukraine. However, after announcing in June it had found a buyer for its business, Russian President Vladimir Putin the following month ordered the temporary seizure of Carlsberg's stake in the local brewer.  ( 33 min )
    It's not just the Fed driving the stock market anymore
    With markets largely in agreement that the Fed is near the end of its hiking cycle, other events are becoming meaningful again to stock investors.  ( 35 min )
    'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
    The share of older Americans with debt has nearly doubled in 30 years, alarming researchers.  ( 35 min )
    New Biden target in junk fee crackdown: retirement advisers
    The Biden administration on Tuesday will seek to impose new rules on retirement plan providers to close loopholes that officials argue allow the industry to sell products that boost their revenue at the expense of customers, the latest effort by the administration to crack down on so-called junk fees. The proposed Labor Department rules require retirement plan providers to only sell commodities and insurance products, such as annuities, to clients when doing so is in the customer's best interest. They would also hold Wall Street to a higher standard for the advice they provide when people roll over assets from an employer plan to another account, such as employee-sponsored 401(k) to an Individual Retirement Account.  ( 33 min )
    As UAW strike nears settlement, let's hope this one demand isn't met
    If automakers agree to UAW's demand to drop the two-tiered wage system, it will put U.S. industry on perilous path of self-imposed decline. Ask China.  ( 33 min )
    Vodafone to Sell Spanish Unit to Zegona Communications for Around $5.3 Bln
    Vodafone has agreed to sell its Spanish unit to Zegona Communications for at least €4.1 billion in cash and up to €900 million in redeemable preference shares.  ( 27 min )
    BP Profit Rose on Higher Refining Margins, Strong Oil Trading
    BP said it expected fourth-quarter oil, gas and low-carbon energy production to be broadly flat, with significantly lower realized refining margins, after it reported weaker-than-expected profits of $3.3 billion in the third quarter.  ( 27 min )
    Sam Bankman-Fried's Memory Falters During Testimony: “I Don't Recall”
    Sam Bankman-Fried, the former founder of failed crypto exchange FTX and Alameda Research, faced challenging questioning from US Assistant Attorney Danielle Sassoon during his criminal trial.  ( 32 min )
    Yen Drops After BOJ Tweak, China Stocks Fall: Markets Wrap
    (Bloomberg) -- The yen weakened after the Bank of Japan made only minor changes to its yield-curve-control settings, disappointing some in the market who had hoped for a further winding back of its accommodative monetary policy stance.Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesSaudi Forces on High Alert After Deadly Clash With Houthi  ( 34 min )
    EUR/USD’s Current Trend Likely Part of Consolidation Phase, Charts Show
    EUR/USD’s current trend is likely part of a consolidation phase, based on technical charts, UOB’s Global Economics & Markets Research, said in a report.  ( 26 min )
    AMD Reports Earnings Today. Analysts Are Worried About Data Center.
    The consensus is that Advanced Micro Devices will report quarterly revenue of $5.7 billion with adjusted earnings per share of 68 cents.  ( 20 min )
    Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
    The artificial-intelligence company scrapped plans to rush shipments to China this month before the new restrictions were brought forward.  ( 30 min )
    A disorderly shift in Japan's monetary policy could spark bond-market contagion and increase risks of a 'financial accident,' Mohamed El-Erian says
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    ‘Buy the Dip’: Analysts Say These 2 Beaten-Down Stocks Offer a Compelling Entry Point — Here’s Why They Could Rebound
    How do you define a stock market opportunity? Is it a windfall, a piece of luck, or the result of careful planning, a strategy to make the most of any opening? The savvy investor seeks out the latter, looking for stocks that offer inducements to entry, be it a high upside or a depressed share price or a recent positive analyst review – or better yet, a combination of all three. So there’s a profile. We’ve used the TipRanks database to look up two stocks that fit it – stocks with Strong Buy conse  ( 37 min )
    Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money'
    Warren Buffett's idea to borrow money in Japan at rock-bottom interest rates and invest it in high-yielding stocks was inspired, Charlie Munger says.  ( 33 min )
    Stocks could break out of their 'doom loop' this week amid a flurry of catalysts in the bond market and the economy, Fundstrat says
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  • Open

    Why Market Watchers Care More About The Treasury Than The Fed This Week
    The U.S. Treasury's unveiling of its refinancing plans, scheduled for Wednesday, likely will steal the attention of market participants, even as the Federal Reserve gets set to announce its latest interest rate decision.  ( 19 min )
    What Are the Pros and Cons of Gift Cards?
    Physical and digital gift cards have their plusses and minuses. Learn about protection in case of loss, monitoring spending, and wasted small balances.  ( 30 min )
    Personal Loan Rates & Trends, Week of Oct. 30, 2023
    Personal loan rates moved up to 21.13% this week, adding 9 basis points since last week when the average personal loan rate stood at 21.04%.  ( 18 min )
    Pay Raises Are Getting Smaller. But Are They Small Enough For the Fed?
    Employers are giving out smaller raises than they were last year, but the cutbacks may not be enough to convince officials at the Federal Reserve that pay hikes aren’t stoking inflation.  ( 18 min )
    S&P 500 Gains and Losses Today: Arista Networks Results and Guidance Beat Estimates
    The S&P 500 gained 0.65% on Tuesday, Oct. 31, 2023, ahead of Wednesday's Federal Reserve decision, more key earnings news, and Friday's jobs report.  ( 17 min )
    Top CDs Today: Record Rates of 6% and 6.50% Are Available Nationwide
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    GE HealthCare's Results Beat Estimates on Higher Demand for Medical Equipment
    GE HealthCare posted better-than-expected results on rising demand for its medical equipment.  ( 17 min )
    30-Year Mortgage Rates Edge Higher
    Rates for almost every mortgage type climbed Monday, though for most loan types—including 30-year and 15-year mortgages—the increase was quite minor.  ( 19 min )
    Treasury Sets I Bond Rate Over 5%, but Advisors Say It May Not Be Worth It
    The U.S. Treasury has set the interest rate on inflation-protected I bonds purchased from November through April next year at 5.27%, up from 4.3% over the past six months.  ( 19 min )
    JetBlue Reports Loss, Cuts Outlook on Overwhelming Operational Expenses
    JetBlue shares plummeted over 10% to their lowest level since 2009 as soaring costs resulted in a bigger-than-expected loss and falling revenue, and the discount carrier slashed its guidance.  ( 17 min )
    ETF Market Price vs. ETF Net Asset Value: What's the Difference?
    Explore the differences between the market price and net asset value of an exchange-traded fund (ETF). Learn more about the factors that affect each.  ( 24 min )
    Top Dividend Stocks for November 2023
    Dividend stocks provide investors with reliable passive income and make it possible to reinvest money back into the dividend-issuing company.  ( 21 min )
    Baby Boomers Ramp Up Spending While Others Cut Back
    Many Baby Boomers haven’t felt the same pressure from high interest rates as those of other generations, and may have even benefited from them, analysts at Bank of America found.  ( 17 min )
    New Biden Rule Would Make Your Retirement Advisor Work For You—Not For Commission
    When it comes time for a retirement account rollover, proposed rules would require your financial advisor to recommend the option that would serve you best—not the one that would earn them the most commission.  ( 19 min )
    Chase Savings Account Interest Rates: November 2023
    Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 22 min )
    Capital Requirements: Definition and Examples
    Capital requirements are standardized regulations for banks and other depository institutions that determine how much liquid capital (that is, easily sold assets) they must hold for a certain level of assets.  ( 24 min )
    Advantages of Exchange-Traded Funds (ETFs)
    Exchange-Traded Funds (ETFs) were created to combine the best characteristics of both stocks and mutual funds into a combined investment vehicle.  ( 21 min )
    Top MGM Shareholders
    The top MGM shareholders are Corey Ian Sanders, William Joseph Hornbuckle, John M. McManus, IAC/InterActiveCorp., Vanguard Group Inc., and BlackRock Inc.  ( 21 min )
    Consumer Confidence Index Dips as Inflation Fears Heighten
    The Consumer Confidence Index fell to 102.6, its third straight month of declines, as inflation worries persist despite continued strong spending from consumers.  ( 18 min )
    Diamonds ETF: Meaning, Popularity, Statistics
    Diamonds is an informal term for an index-based exchange-traded fund (ETF) known as the SPDR Dow Jones Industrial Average ETF.  ( 20 min )
    Markets Edge Higher at Midday Ahead of Wednesday's Fed Decision
    U.S. equities edged higher at midday on Tuesday, Oct. 31, 2023 ahead of Wednesday's decision by the Federal Reserve, with policymakers widely expected to keep interest rates steady.  ( 16 min )
    AB InBev Shares Pop On Buyback, Earnings Beat as Boycott Continues to Hurt Sales
    ADRs of Anheuser Busch InBev rose after announcing a stock buyback and reporting results that beat forecasts on international demand, though U.S. sales lagged after a boycott of its Bud Light brand.  ( 17 min )
    Payday Loans vs. Personal Loans: What’s the Difference?
    While easier to get, payday loans are almost always more expensive than personal loans and have short repayment times. Opt for a personal loan, if possible.  ( 26 min )
    Caterpillar Shares Fall on Economic Concerns, Despite Earnings Beat
    Caterpillar shares fell sharply in early trading Tuesday despite an earnings beat, as the construction equipment maker issued a cautious fourth-quarter outlook and said its order backlog fell, feeding into concerns about an economic slowdown.  ( 18 min )
    Pinterest's Financial Metrics Beat Estimates as Ad Sales and Gen Z Users Rise
    Pinterest shares flew higher after the social media company's third quarter results blew away estimates.  ( 17 min )
    Dividend ETF: What it Means, How it Works
    A dividend ETF is an exchange traded fund designed to invest in a basket of high-dividend-paying stocks.  ( 21 min )
    What Will a U.S. Central Bank Digital Currency Look Like?
    What would a U.S. central bank digital currency (CBDC) be? Learn more about the future of a digital dollar and how it would differ from cryptocurrency.  ( 27 min )
    Inheriting a Reverse Mortgage
    Inheriting a reverse mortgage can be complicated and heirs commonly face deadlines.  ( 25 min )
    How to Get an IVF Loan
    In vitro fertilization (IVF) is expensive and rarely covered by health insurance. However, other financing options are available. Learn more about how to get an IVF loan.  ( 25 min )
    How to Become an Amazon Seller
    You can use Amazon to start a new business or add a new sales channel to an existing one. Here's how to do it successfully.  ( 25 min )
    Food Industry ETF Definition
    A food-industry ETF is an exchange-traded fund investing in food and beverage companies.  ( 22 min )
    What Is Total Value Locked in Cryptocurrency?
    Total value locked (TVL) is a metric used in the crypto sector to determine the total U.S. dollar value of digital assets locked, or staked, on a particular blockchain or dApp.  ( 22 min )
    What Is the DAME Tax and How Would It Work?
    The Digital Asset Mining Energy (DAME) tax was a proposal by the Biden administration to tax electricity use by crypto miners that was dropped in May 2023 debt-ceiling negotiations.  ( 22 min )
    Weighted Average Cost of Capital (WACC): Definition and Formula
    The weighted average cost of capital (WACC) calculates a company's cost of capital, proportionately weighing its use of debt and equity financing.  ( 28 min )
    Opportunity Cost: Definition, Calculation Formula, and Examples
    Opportunity cost is the potential forgone profit from a missed opportunity—the result of choosing one alternative over another.  ( 25 min )
    Halloween's Effect on the Economy
    Discover some of the ways economists evaluate the effect of Halloween on the U.S. economy and whether it is a net benefit.  ( 23 min )
    Dollar-Cost Averaging: Pros and Cons
    The dollar-cost averaging approach helps investors limit the impact of market volatility, but they give up some potential for higher returns.  ( 25 min )
    Depreciation: Definition and Types, With Calculation Examples
    Depreciation allows a business to allocate the cost of a tangible asset over its useful life for accounting and tax purposes. Here are the different depreciation methods and how they work.  ( 28 min )
    Digital Marketing Overview: Types, Challenges & Required Skills
    Digital marketing is a means of promoting and selling products and services through the internet, mobile devices, social media, search engines, display advertising, and other channels.  ( 30 min )
    Indicators for Overbought and Oversold Stocks
    The relative strength index (RSI) and stochastics are two of the most popular indicators of overbought or oversold conditions in stocks.  ( 22 min )
    What Are Soft Skills? Definition, Importance, and Examples
    Soft skills are character traits and interpersonal skills that characterize relationships with other people and complement hard skills in the workplace.  ( 24 min )
    Market Segmentation: Definition, Example, Types, Benefits
    Market segmentation refers to aggregating prospective buyers into groups with common needs and who respond similarly to a marketing action.  ( 28 min )
    Pfizer Earnings Weighed Down Again by Dwindling COVID Sales
    The company reiterated its recent reduction in full-year sales guidance by $9 billion as it doubled down on efforts to trim costs.  ( 17 min )
    Why Companies Issue Bonds
    When companies need to raise money, issuing bonds is one way to do it. A bond functions as a direct loan from an investor to a corporation.  ( 25 min )
    Trading on the Pink Open Market
    Stocks of well-known companies trade on major exchanges but must be listed first. Unlisted companies trade on Pink Sheets or the Over-the-Counter Bulletin Board.  ( 24 min )
    Microsoft and Siemens Team Up to Introduce a GenAI Assistant for Manufacturing
    Microsoft and Siemens are launching a generative AI assistant for manufacturing that the companies say could help raise productivity and speed up tasks by allowing workers to use machines more effectively.  ( 17 min )
    Introduction to Swing Trading
    The swing trading style, between day trading and trend trading, may be a good fit for beginners.  ( 27 min )
    5 Things to Know Before Markets Open
    Shares of Anheuser-Busch InBev rose after the beer maker beat earnings estimates and Tesla shares declined after lower production from battery maker Panasonic raised worries about electric vehicle sales. Here’s what investors need to know today.  ( 18 min )
    What Does Plain Vanilla Mean? Definition in Finance
    Plain vanilla is the most basic or standard version of a financial instrument. It is the opposite of an exotic instrument.  ( 23 min )
    Why High Mortgage Rates Matter Less In The U.S. Than In Other Countries
    Homeowners in the U.S. are feeling far less financial pain than their counterparts in other countries, due in large part to the popularity of the 30-year fixed-rate mortgage.  ( 18 min )
    Apple Unveils New Mac and MacBook, Powered by Next Generation M3 Chips
    Apple has unveiled an updated line of its Mac and MacBook, driven by its next generation M3 chips.  ( 17 min )
    7 Technical Indicators to Build a Trading Toolkit
    Technical indicators are used by traders to gain insight into the supply and demand of securities. Here we look at seven such technical trading tools.  ( 27 min )
  • Open

    Sjaak van der Tak stopt eind dit jaar als voorzitter landbouworganisatie LTO
    Sjaak van der Tak stopt aan het einde van dit jaar als voorzitter van land- en tuinbouworganisatie LTO Nederland. Zijn termijn loopt dan af. Hij heeft besloten niet door te gaan.  ( 9 min )
    NU+ | Inflatie daalt licht, maar toch lopen de prijzen op: hoe zit dat?
    De inflatie is in oktober 2023 met 0,4 procent gedaald. Dat is vooral een gevolg van de dalende energieprijzen, want boodschappen en diensten zijn duurder geworden. Maar ook de manier waarop de inflatie wordt berekend telt mee. Dat zit zo.  ( 8 min )
    Droogte remt scheepvaart over Panamakanaal nog verder af
    Door droogte kunnen de komende maanden veel minder schepen over het Panamakanaal varen. Afgelopen zomer moesten schepen soms zelfs weken wachten op doorgang tot een van de drukste waterwegen ter wereld.  ( 9 min )
    Farmaceut Pfizer lijdt fors verlies nadat vraag naar coronaprikken wegvalt
    De Amerikaanse farmaceut Pfizer heeft een miljardenverlies geleden in het derde kwartaal. Dat kwam vooral door een ingestorte vraag naar zijn coronavaccins.  ( 8 min )
    Scholen en ziekenhuizen mogen voorrang krijgen op overvol stroomnet
    Netbeheerders mogen op het stroomnet voorrang geven aan organisaties met belangrijke maatschappelijke taken in bijvoorbeeld de zorg, het onderwijs of de veiligheid. Dat meldt toezichthouder ACM dinsdag.  ( 8 min )
    Koers van Japanse yen zakt naar het laagste niveau sinds juli 2008
    De koers van de Japanse munt is dinsdag naar het laagste niveau sinds juli 2008 gezakt. Je krijgt nu ruim 160,50 yen voor 1 euro. Het terughoudende optreden van de Japanse centrale bank is de oorzaak van de daling.  ( 9 min )
    NU+ | Zo denken partijen over het minimumloon, uitkeringen en toeslagen
    In aanloop naar de Tweede Kamerverkiezingen duikt NU.nl in de verschillende verkiezingsprogramma's van partijen. Deze keer: bestaanszekerheid. Over het minimumloon, flexwerk en een eenvoudiger toeslagenstelsel.  ( 11 min )
    Europese economie krimpt, mogelijk mede door strijd tegen inflatie
    De economie van de eurolanden is in het derde kwartaal licht gekrompen. Volgens berekeningen van het Europese statistiekbureau Eurostat is de economie van de eurozone met 0,1 procent geslonken ten opzichte van een kwartaal eerder.  ( 9 min )
    Dwangsom voor KLM vanwege gebruik van vervuilende motoren op Schiphol
    KLM heeft een dwangsom opgelegd gekregen, omdat het bedrijf te vaak een vervuilende hulpmotor gebruikt. De vliegmaatschappij moet voortaan elke keer 2.500 euro betalen als ze zo'n motor ongeoorloofd gebruikt. Dat bedrag kan oplopen tot maximaal 50.000 euro.  ( 8 min )
    Zo denken partijen over het minimumloon, uitkeringen, toeslagen en flexwerk
    In aanloop naar de Tweede Kamerverkiezingen duikt NU.nl in de verschillende verkiezingsprogramma's van partijen. Deze keer: bestaanszekerheid. Over het minimumloon, flexwerk en een eenvoudiger toeslagenstelsel.  ( 14 min )
    NU+ | Waarom we de lage inflatie niet gelijk in onze portemonnee voelen
    De inflatie, de mate waarin de prijzen stijgen, is voor het eerste in jaren negatief. Houden we dan eindelijk meer geld over in onze portemonnee? "Het inflatiecijfer geeft een vertekend beeld", zegt Rabobank-econoom Hugo Erken.  ( 9 min )
    Miljarden kostende stakingen bij autobedrijven VS voorbij na nieuw akkoord
    Na zes weken van stakingen heeft ook General Motors overeenstemming bereikt met de Amerikaanse vakbond voor de auto-industrie UAW. Eerder hebben autobouwers Stellantis en Ford al een akkoord gesloten met de machtige vakbond.  ( 9 min )
    Voor het eerst in jaren sprake van deflatie, maar veel goederen zijn toch duurder
    Prijzen van goederen en diensten zijn deze maand gemiddeld lager dan een jaar geleden. Daardoor is voor het eerst sinds 2016 sprake van deflatie. Maar dit komt volledig door een fors lagere energieprijs. Onder meer boodschappen en diensten zijn duurder geworden.  ( 9 min )
    Voor het eerst in jaren sprake van deflatie, maar veel goederen toch duurder
    Prijzen van goederen en diensten zijn deze maand gemiddeld lager dan een jaar geleden. Daardoor is voor het eerst sinds 2016 sprake van deflatie. Maar dit komt volledig door een fors lagere energieprijs. Onder meer boodschappen en diensten werden duurder.  ( 9 min )
    Ondanks inflatie, oorlog en recessie zijn Nederlandse rijken toch weer rijker
    Het vermogen van de vijfhonderd rijksten van Nederland is afgelopen jaar toch weer groter geworden. Dit ondanks een haperende economie, geopolitieke spanningen en diverse bedrijven die in zwaar weer kwamen.  ( 11 min )
    Uitgaven aan bijzondere bijstand verdrievoudigd door energietoeslag
    Gemeenten hebben vorig jaar drie keer zoveel bijzondere bijstand uitgekeerd dan in 2021. Dat komt door de energietoeslag voor mensen met een laag inkomen. In totaal werd voor bijna 2 miljard euro aan bijzondere bijstand verleend.  ( 9 min )
  • Open

    Caterpillar Shares Fall on Economic Concerns, Despite Earnings Beat
    Caterpillar shares fell sharply in early trading Tuesday despite an earnings beat, as the construction equipment maker issued a cautious fourth-quarter outlook and said its order backlog fell, feeding into concerns about an economic slowdown.  ( 1 min )
    Apple Unveils New Mac and MacBook, Powered by its Next Generation M3 Chips
    Apple has unveiled an updated line of its Mac and MacBook, driven by its next generation M3 chips.  ( 1 min )
    Apple Unveils New Mac and MacBook, Powered by its Next Generation M3 Chips
    Apple has unveiled an updated line of its Mac and MacBook, driven by its next generation M3 chips.  ( 1 min )
  • Open

    Markets Edge Higher at Midday Ahead of Wednesday's Fed Decision
    U.S. equities edged higher at midday on Tuesday, Oct. 31, 2023 ahead of Wednesday's decision by the Federal Reserve, with policymakers widely expected to keep interest rates steady.  ( 1 min )
    Dow Jones Today: Stock Futures Up as Earnings Roll In and Bond Yields Fall
    Stock futures were higher in premarket trading and bond yields fell Tuesday as several big names reported earnings and investors prepared for tomorrow's Fed interest rate decision and the Treasury's quarterly plans for bond sales.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Anheuser-Busch InBev rose after the beer maker beat earnings estimates and Tesla shares declined after lower production from battery maker Panasonic raised worries about electric vehicle sales. Here’s what investors need to know today.  ( 1 min )

  • Open

    Charles Schwab Begins Layoffs
    Charles Schwab on Monday began laying off employees across the company. Schwab, the largest publicly traded U.S. brokerage, didn’t disclose how many employees were affected in an internal message seen by The Wall Street Journal. Some remaining employees will have new jobs or managers, according to  ( 24 min )
    VMware Stock Pops. Broadcom CEO Optimistic on Deal.
    VMware shares rose to $146.62, above the deal's current value of $142.50 a share in cash.  ( 20 min )
    Stocks are headed for a year-end rally as bond yields near their peak and valuations look 'persuasive,' Wharton professor Jeremy Siegel says
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    5 reasons the S&P 500 will rally in year-end and 2024 after entering a correction, Wall Street strategist says
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    Bond King Bill Gross Is Staying Away From Regional Bank Stocks. Except for These 3.
    Former bond king Bill Gross has been buying “a little” of Citizens Financial, Truist Financial, and KeyCorp.  ( 24 min )
    SBF confronted with his own words during cross-examination in FTX trial
    Prosecutors attempted to use Sam Bankman-Fried's public statements — and conflicting private statements — to discredit testimony he already provided in his criminal trial.  ( 36 min )
    Billionaire Charlie Munger, Warren Buffett’s right-hand man, says a lot of venture capitalists screw their investors
    “You don’t want to make money by screwing your investors, and that’s what a lot of venture capitalists do,” Munger said on the podcast Acquired.  ( 33 min )
    Arista Earnings, Revenue Top Estimates Amid 2024 Growth Worries
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    Pfizer Needs to Change the Narrative. Tuesday’s Earnings Could Help.
    The drug maker Pfizer is set to disclose its results. Investors are focused on Covid-19 drugs despite a recent flurry of product launches.  ( 22 min )
    BlackBerry CEO John Chen to Exit With Software Company Planning Split
    (Bloomberg) -- BlackBerry Ltd. Chief Executive Officer John Chen will leave the software company this week, ending a decade-long tenure that failed to deliver a turnaround in its fortunes.Most Read from BloombergIsrael Latest: Netanyahu Defies Calls to Quit, UN Warns on SyriaInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSaudi Forces on High Alert After Deadly Clash With Houthi RebelsSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesIsrael-Hamas War Escalation Puts Qatar’s  ( 33 min )
    Investing icon Peter Lynch says pressure on stocks has thrown up bargains - while hedge-fund legend Seth Klarman warns the market looks 'scary'
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    JetBlue Earnings and Start of Spirit Merger Trial Sync Up. What It Means for the Stock.
    It’s a big day for JetBlue Airways and that’s not just because it reports third-quarter earnings early Tuesday  ( 25 min )
    Dow Jones Soars 511 Points As Yields Rise Ahead Of Fed; Cathie Wood Buys These 3 Plunging Stocks
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    Realty Income Buys Spirit Realty Capital for About $9.3 Billion
    Real estate investment trust (REIT) Realty Income Corp. said it would buy another REIT, Spirit Realty Capital, for $9.3 billion in an all-stock deal.  ( 18 min )
    UAW contract breakdown: Here's what union members are getting
    Labor experts said the UAW's hardball tactics, including a historic six-week strike, paid off. Here's what autoworkers are getting.  ( 33 min )
    Top CD Rates Today: Earn 6% for a Year—or a Record 6.50% for 8 Months
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    The national debt is finally a real-world problem
    Washington's borrowing addiction is starting to cause real-world pain for borrowers and investors everywhere.  ( 35 min )
    Bill Gates' former assistant is the world's 5th-richest person — and he's close to overtaking the Microsoft cofounder
    Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.  ( 34 min )
    The ‘Cash Is King’ Trade Is Ending. What Stocks to Buy Now.
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    Tesla stock closes below $200, hits 5-month low as a tough October rolls on
    Tesla stock is poised to close below $200, hitting levels not seen since May despite a broader market rally and rebound in beaten-down tech.  ( 34 min )
    Stock market news today: US stocks rally as investors await Fed decision, Apple earnings
    Investors are bracing for the Federal Reserve decision and Apple earnings later in the week.  ( 47 min )
    XPO ups growth spending after Yellow’s downfall
    XPO said Monday it plans to increase capital spending to respond to a tightening capacity dynamic following Yellow’s closure. The post XPO ups growth spending after Yellow’s downfall appeared first on FreightWaves.  ( 35 min )
    ON Semiconductor's Stock Tanks After Q3 Performance - Here's Why
    ON Semiconductor Corp (NASDAQ: ON) stock reported a third-quarter FY23 revenue decline of 0.5% year-on-year to $2.18 billion, beating the consensus of $2.15 billion. The Intel Corp (NASDAQ: INTC) rival's adjusted EPS of $1.39 beat the consensus of $1.34. Revenue from Power Solutions Group (PSG) grew 10% Y/Y to $1.23 billion, Advanced Solutions Group (ASG) decreased 15% Y/Y to $621.6 million, and Intelligent Sensing Group (ISG) fell by 4% Y/Y to $328.6 million. The adjusted gross margin declined  ( 33 min )
    Tax Revenue Surges; Will 10-Year Treasury Yield Get A Reprieve?
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    ON Semiconductor’s CEO Blames ‘Outlier’ Customer for Slashed Forecast That Hit Stock
    (Bloomberg) -- ON Semiconductor Corp.’s chief executive officer blamed a single North American auto-industry customer for a disappointing fourth-quarter forecast that sent the chipmaker’s stock into its worst tailspin in three-and-a-half years.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts Staff Following Delay  ( 34 min )
    The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates
    “The residential sector now appears to be contracting alongside the recent move higher in mortgage rates,” the bank’s economists wrote.  ( 35 min )
    Alameda Had a $65 Billion Credit Line at FTX, Bankman-Fried Says
    Sam Bankman-Fried told the jury that Alameda had a $65 billion line of credit on FTX. The next largest line of credit, he said, was $150 million. “So Alameda’s line of credit was more than 64 billion larger than any other customer, correct?” said Assistant U.S. Attorney Danielle Sassoon. “Yep,” he  ( 22 min )
    New York, New Jersey Muni Bond Buyers Reap Net Yields Near 10%
    (Bloomberg) -- UBS Financial Services Inc. is urging investors to buy the debt of states, whose credit quality is among the highest in the $4 trillion municipal bond market and whose bonds are offering sky-high after-tax yields. Most Read from BloombergIsrael Latest: Netanyahu Defies Calls to Quit, UN Warns on SyriaInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestRussia Shuts Airport After Mob Encircles Flight From IsraelApple  ( 34 min )
    ON Semi Is the Worst Peformer in S&P 500
    ON Semiconductor shares were the worst performer in the S&P 500 Monday afternoon as traders reacted to the firm's outlook. ON shares (ticker: ON) were down 20% to $66.72 in Monday afternoon trading. The firm's fourth-quarter outlook for earnings ranged from $1.13 a share to $1.27 a share. Analysts  ( 15 min )
    Wall Street's biggest bull lowers S&P 500 target
    Oppenheimer's John Stoltzfus sees a more measured climb for stocks to end the year after the recent selloff set equities back.  ( 35 min )
    X, formerly Twitter, valued at $19 billion in new employee stock plan
    The Elon Musk owned social media platform is giving employees a new round of equity compensation, in the form of RSUs, that values X at $19 billion.  ( 32 min )
    Dow Jones Gains Nearly 500 Points; Warren Buffett-Backed EV Hits Record Profit As Tesla Plunges
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    Oppenheimer Isn’t Ready to Abandon Its S&P 500 4,900 Target Just Yet — Here Are 2 Stocks That Could Lead the Way
    Increased volatility and uncertainty has investors locked in a series of arguments. Last year saw steep losses, this year started with a strong rally, and the last few months have seen a correction. The big question now is whether the recent market turbulence is a temporary blip or the beginning of a more significant downturn. John Stoltzfus, chief investment strategist from Oppenheimer, has set out the bullish case, as befits a man who’s predicting the S&P 500 will hit 4,900 by year’s end – or  ( 37 min )
    Stock market news today: US stocks rise as investors await Fed decision, Apple earnings
    Investors are bracing for the Federal Reserve decision and Apple earnings later in the week.  ( 41 min )
    Analyst Report: Centerpoint Energy Inc.
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    Analyst Report: Masco Corp.
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    Analyst Report: CMS Energy Corporation
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    Glassdoor reviewers say employers’ ghosting problem is twice as bad as it was just a few years ago—a sign that worker power is fading fast
    “When job markets inevitably heat up again, job seekers will remember how they were treated,” Glassdoor’s chief economist says.  ( 34 min )
    Market Update: BFH, CMS, CNP, HAL, INTC, KLAC, LUV, MAS, MCD, PCAR, META
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    Josh Kushner Is The Less-Famous Billionaire Brother-In-Law Of Ivanka Trump — Making Billions Off Instagram And Kim Kardashian's SKIMS
    In a family where political affiliations and public personas often steal the limelight, Joshua Kushner, the lesser-known brother of Jared Kushner and brother-in-law to Ivanka Trump, has climbed to the pinnacle of financial success. Despite the political theater surrounding his family, Joshua Kushner has managed to carve out his own niche in the business world, becoming the first billionaire in the Kushner clan. This year, Joshua Kushner made his debut on the Forbes 400 list at age 38, earning th  ( 34 min )
    PLTR Stock Today: This Cash-Secured Put Strategy Lands $100 In Your Pocket
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    Tesla falls as production cut by battery supplier Panasonic fans EV demand fears
    Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk's comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand. "Panasonic's warning of soft demand for Tesla's Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed," said Edward Moya, senior market analyst at Oanda. Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.  ( 34 min )
    Warren Buffett Missed The Opportunity To Invest In Amazon Early, Says 'I Blew It' And Was 'Too Dumb' — Now He Refuses To Invest Today Saying, 'I've Probably Got So Many Psychological Problems With The Fact That I Didn't Do It That It's Very Hard to Do It Now'
    Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is no stranger to missed opportunities, but one that particularly stings is his decision not to invest in Amazon.com Inc. during its early days. "I blew it," Buffett has said about passing on the online retail giant not once but twice. In 1994, when Amazon was just getting started, Buffett decided against investing in what was then just an online bookstore. The same happened in 1997 when Amazon went public. At that time, even Wall Street wa  ( 35 min )
    Onsemi Shares Plunge After Guidance Miss as Sales Soften
    Onsemi shares plummeted after the chipmaker gave worse-than-expected guidance as sales softened and its operating margin fell.  ( 18 min )
    Stock in Tesla and Rivian Is Dropping. This Company Spooked Investors.
    Auto makers have been warning for weeks about weak demand for electric vehicles. Financial guidance from ON Semiconductor added to the concern.  ( 25 min )
    ON Semiconductor Stock Plummets After Offering Bleak Fourth-Quarter Outlook
    Shares of ON Semiconductor dropped Monday after the company projected fourth-quarter earnings and revenue declines that were worse than analysts were expecting. Executives said on a conference call with analysts that it is seeing reduced demand from some European automotive customers that are worki  ( 24 min )
    Western Digital to Split in Two After Kioxia Bid Fails
    (Bloomberg) -- Western Digital Corp. will split into two separate, publicly traded companies after talks to merge with Kioxia Holdings Corp. fell apart. Most Read from BloombergIsrael Latest: Concern Mounts Over Gaza Civilians as War DeepensRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestInnovent Drug Continues to Take Weight Off in 48 Week TrialHSBC Plans $3 Billion Buyback, CEO Touts Capital StrengthThe storage maker will spi  ( 34 min )
    Retirees Don't Know Their No. 1 Retirement Risk
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    Bond Markets Are on Edge. Today’s Treasury Announcement Might Not Calm Nerves.
    On Monday, the U.S. Department of the Treasury published the net borrowing levels for the coming months. The Treasury will also publish a set of quarterly refunding documents for the fourth quarter. It could shake up the markets.  ( 30 min )
    SBF Says Nishad Singh Asked Him for Help with Personal Loans as FTX Withdraws Surged
    As customer withdrawals surged, former FTX engineering director Nishad Singh asked Bankman-Fried for help, both with some outstanding personal loans and letting other employees know he wasn’t responsible for the crisis. “He was actively suicidal,” Bankman-Fried said. Bankman-Fried told the jury tha  ( 23 min )
    I'm Retired. How Much Income Can I Make Before It Triggers Taxes?
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    This Is What Your Lifestyle Will Be Like If You Retire at 55 With $5 Million
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    I'm Retired. How Much Should I Keep in Stocks, Bonds and Cash?
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    Savings accounts now pay serious interest, but most of us aren't claiming it, survey finds
    A new survey finds many Americans lack financial literacy on savings accounts, many of which now pay 4% or even 5% interest.  ( 34 min )
    Apple Is Holding a Halloween Event Today. What to Expect.
    A mysterious Apple launch event is offering hope of some positive news ahead of earnings but Wall Street analysts are cautious. Watch it live here.  ( 21 min )
    Sam Bankman-Fried Taking the Stand Was a 'Huge Mistake,' Lawyer Says
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    Mortgage Rates Fall for Virtually Every Loan Type
    Rates for almost every mortgage type have fallen, including a dip in 30-year rates that drops the flagship average to its lowest level in almost two weeks.  ( 19 min )
    Broadcom expects $69 billion VMware deal to close before November deadline
    China's State Administration of Market Regulation (SAMR) has not signed off on the deal and is likely to delay its decision, the Financial Times reported earlier this month, after U.S. President Joe Biden's administration introduced tougher chip controls. The companies did not disclose details regarding China's approval on Monday, but said there was "no legal impediment" to the deal closing under U.S. merger regulations. Broadcom has received legal merger clearance in Australia, Brazil, Canada, the European Union, Israel, Japan, South Africa, South Korea, Taiwan and the United Kingdom, along with foreign investment control clearance in all necessary jurisdictions.  ( 33 min )
    Caroline Ellison Offered to Step Down, Bankman-Fried Says
    Bankman-Fried told the jury that in July 2022, he confronted Caroline Ellison about risks that Alameda was taking. Ellison started crying, he said. He said that she told him that Alameda should have hedged, and perhaps not made some venture investments. “She also offered to step down,” he told the  ( 22 min )
    Investors Are Pouring Into BlackRock's Long-Dated Treasury Fund
    Fund flows typically chase performance. That's not the case this year when it comes to Treasury bonds. Investors have put more than $21 billion into BlackRock's iShares 20+ Year Treasury Bond exchange-traded fund year-to-date, and those flows have accelerated in recent weeks. The fund's shares have  ( 23 min )
    SoFi Stock Jumps After it Raises Revenue Outlook, Eyes Fourth-Quarter Profit
    Shares of SoFi Technologies are up in morning trading after the fintech company raised its full-year outlook for revenue and adjusted earnings, saying it expects to post a profit for the fourth quarter. Chief Executive Anthony Noto, citing the company's third-quarter performance, said SoFi expects  ( 23 min )
    It's Merger Monday for Real-Estate Investment Trusts
    Merger mania swept the beleaguered real-estate sector on Monday with the announcement of two multi-billion dollar deals. San Diego's Realty Income (O) agreed to buy Dallas-based Spirit Realty Capital ([SRC](https://www.wsj.com/market-data/quotes/S  ( 23 min )
    First Quantum Plunges as Panama Copper Mine Faces Referendum
    (Bloomberg) -- Panama will hold a referendum on whether to revoke the controversial contract awarded to Canadian copper miner First Quantum Minerals Ltd., as the government tries to calm mass unrest triggered by the deal. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Latest: War Intensifies as Netanyahu Faces Calls to QuitHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseIsrael Deepens  ( 33 min )
    Western Digital Is Splitting in Two. Why the Stock Is Rising.
    No content preview  ( 19 min )
    Stock market news today: US stocks rise as eyes turn to big week of events
    Investors are bracing for the Federal Reserve decision and Apple earnings later in the week.  ( 35 min )
    Stock market news today: US futures rise as eyes turn to big week of events
    Investors are bracing for the Federal Reserve decision and Apple earnings later in the week.  ( 34 min )
    ON Semiconductor Issues Soft Fourth-Quarter Guidance. The Stock Drops.
    ON Semi expects fourth-quarter earnings of between $1.13 and $1.27 a share, which is below analysts' consensus.  ( 20 min )
    XPO beats Q3 expectations
    XPO reported a third-quarter-earnings beat on Monday as fallout from a competitor’s closure overshadowed a soft macroeconomic environment. The post XPO beats Q3 expectations appeared first on FreightWaves.  ( 33 min )
    Western Digital to Break up, Separating Hard-Drive Business From Flash-Memory Unit
    Western Digital plans to break itself up, separating its business making traditional hard drives for computers from its flash-memory business.  ( 27 min )
    Is Apple Stock A Buy Before September-Quarter Earnings Report?
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    Broadcom, VMware Stocks Gain Despite Apparent Delay to Merger Closing
    The groups said in a statement that their merger, expected to close Monday, will complete "soon."  ( 25 min )
    NBA icon Magic Johnson is now only the 4th athlete billionaire—but his wealth doesn’t come from sports
    NBA icon Magic Johnson has become the fourth sports star to reach billionaire status, with a net worth of $1.2 billion, according to Forbes’ calculation.  ( 33 min )
    The Sales Pitch for an 8% Mortgage: Buy Now, Refinance Later—for Free
    An offer to refinance if rates drop in the future might not help you save in the long run.  ( 28 min )
    Detroit Is Paying Up to End the UAW Strike. Now Carmakers Will Live With the Costs.
    The Detroit automakers’ labor-cost disadvantage to rivals such as Toyota and Tesla is about to get worse just as many aspects of their growth plans get cloudier.  ( 30 min )
    Healthpeak Properties, Physicians Realty Trust to Merge in $21B Deal
    Healthpeak Properties and Physicians Realty Trust are combining in an all-stock merger valued at $21 billion.  ( 27 min )
    Realty Income to Acquire Spirit Realty Capital for $5.3 Billion
    (Bloomberg) -- Realty Income Corp., an owner of convenience stores, warehouses and other commercial real estate, agreed to acquire Spirit Realty Capital Inc. for $5.3 billion in an all-stock transaction. Most Read from BloombergIsrael Latest: War Deepens as Concerns Mount Over Gaza CiviliansPutin Calls Meeting to Discuss Anti-Israel Mob in DagestanIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestHSBC Plans $3 Billion Buyback, CEO  ( 33 min )
    McDonald's beat earnings estimates, boosted by higher menu prices
    CEO Chris Kempczinski said 2023 "is unfolding in line with our expectations."  ( 35 min )
    Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us
    Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.  ( 36 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Realty Income to Buy Spirit Realty Capital in $9.3 Billion Deal
    Realty Income has agreed to acquire Spirit Realty Capital in an all-stock deal valued at about $9.3 billion.  ( 26 min )
    UPDATE 2-Realty Income to buy Spirit Realty Capital in a $9.3 billion deal
    Realty Income said on Monday it would buy Spirit Realty Capital in an all-stock deal valued at $9.3 billion as it looks to expand its real estate portfolio. Shares of Realty Income are down 1.7% at $48.4 in premarket trading, while Spirit Realty was up 11% at $35.91. Under the terms of the agreement, Spirit shareholders will receive 0.762 newly-issued Realty Income common shares for each Spirit common share they own.  ( 32 min )
    Daily – Vickers Top Buyers & Sellers for 10/30/2023
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    Daily – Vickers Top Insider Picks for 10/30/2023
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    Analyst Report: Comerica, Inc.
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    Analyst Report: Alphabet Inc
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    Analyst Report: Integer Holdings Corp
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    Analyst Report: General Motors Company
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    Analyst Report: United Parcel Service, Inc.
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    Analyst Report: Honeywell International Inc
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    Profit Cuts Signal More Bad News for S&P 500 After October Slump
    (Bloomberg) -- A deteriorating outlook for corporate earnings offers little support for the S&P 500 reeling from its worst October since 2018.Most Read from BloombergIsrael Latest: War Intensifies as Netanyahu Faces Calls to QuitRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestHSBC Plans $3 Billion Buyback, CEO Touts Capital StrengthWhile data from Bloomberg Intelligence s  ( 34 min )
    Bitcoin Prices Are Rising Again. A ‘Golden Cross’ Could Keep the Momentum Going.
    A closely followed technical indicator could lure more traders to Bitcoin, which has risen 30% in about two weeks.  ( 22 min )
    Exclusive-Trucking firm prepares long-shot bid for Yellow, seeks US Treasury support
    One of the largest U.S. privately owned auto transport companies is quietly mounting a long-shot bid - with increasing help from the Biden administration - to rescue trucking giant Yellow Corp from bankruptcy liquidation and bring back some 30,000 union jobs, according to multiple sources familiar with the discussions. The previously unreported effort by Jack Cooper Transport, a trucking company that counts General Motors, Ford and Stellantis as its main customers, has gained steam in recent weeks as the powerful International Brotherhood of Teamsters union and a bipartisan group of U.S. senators stepped up their pressure campaign on the Biden administration. The piecemeal liquidation of Yellow's vast trucking and terminal assets could begin next month, in a deal that is expected to value its real estate at $1.5 billion and its vehicle fleet at hundreds of millions of dollars.  ( 35 min )
    Key moments from Sam Bankman-Fried's first day on the stand
    FTX founder Sam Bankman-Fried is set on Monday to resume testifying at his fraud trial on charges related to the cryptocurrency exchange's collapse last year. Here are five key moments from Bankman-Fried's testimony so far. Bankman-Fried testified that "a lot of people got hurt" in FTX's November 2022 collapse.  ( 32 min )
    The Federal Reserve is starting to put a stranglehold around Corporate America
    Keep an eye on the long tentacles of the Federal Reserve.  ( 35 min )
    These Stocks Are Moving the Most Today: GM, Disney, Alphabet, Western Digital, SoFi, Apple, and More
    The United Auto Workers union announces a strike at another General Motors plant, Nelson Peltz's push for board seats at Disney gets a boost, and results from Apple are a highlight on this week's busy earnings calendar.  ( 25 min )
    Futures jump as investors await Fed rate verdict; Middle East tensions eyed
    However, the clashes had little impact on U.S. stock markets, with megacap growth names such as Nvidia, Amazon.com and Tesla up between 0.9% and 1.6% in premarket trading. "The ground offensive in Gaza will still be causing some concern, but it has been largely expected and that's why I don't think you've seen any kind of particularly adverse reaction on the markets today," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Adding to bond market worries, the U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit.  ( 34 min )
    Broadcom and VMWare Say $61 Billion Deal Will Close ‘Soon’
    (Bloomberg) -- Broadcom Inc. said its $61 billion agreement to buy software maker VMware Inc. will close before the expiration of their merger agreement, an attempt to reassure investors after concerns that Chinese regulators might delay the deal. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Latest: War Intensifies as Netanyahu Faces Calls to QuitHedge Funds Pile Into Uranium Stocks Set for ‘Dra  ( 34 min )
    Fed expected to hold rates at 22-year high, but leave hikes on the table
    The Federal Reserve is set to stand pat on interest rates this week, while economic data continues to leave open the question of what the coming months have in store for the central bank.  ( 35 min )
    ArcelorMittal Drops as Kazakh Nationalization Looms After Fire
    (Bloomberg) -- ArcelorMittal SA shares fell 5% after the Kazakh government announced plans to take over the company’s operations in the country following its worst mining accident in recent history.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing  ( 33 min )
    JPMorgan strategists advise opening a short in European banks, upgrade healthcare
    Strategists at JPMorgan have advised opening a 'short' position in European banks, and moved the sector from 'neutral' to 'underweight', they said in a note published on Monday. "If the bond yields are in the process of peaking this quarter, as we suspect ... then Banks could start to struggle," JPM strategists, led by Mislav Matejka, said. European banking shares have been some of the best performing in Europe in 2023, with the STOXX Europe 600 Banks Index rising almost 8% year-to-date versus a 1% for the broader STOXX 600.  ( 33 min )
    BlackRock Says Buy Metals Companies If You Care About Climate
    (Bloomberg) -- Investors are missing a big opportunity to profit from the energy transition because they have an outdated view of the metals and mining industry, according to one of the sector’s most influential investors.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Deepens a War With Hamas That Has No End in SightHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseHow This Israel-Hamas  ( 34 min )
    Morgan Stanley’s Wilson Sees Year-End Stock Rally as Unlikely
    (Bloomberg) -- Investors hoping for a boost to stocks by the end of the year will be disappointed, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseRussia Closes Airport After Mob Swarms Flight From Israel“Chances of a fourth-quarter rall  ( 33 min )
    Vanguard Sees ‘Tremendous Value’ in a New Day for Bond Market
    Sara Devereux, global head of fixed income, says investors do better by locking in higher rates for longer than by staying in short-dated debt.  ( 27 min )
    Marketmind: Markets hold their nerve amid Mid East trouble
    It's been a cautious start in Asian markets as Israeli troops backed by tanks pressed into northern Gaza with a ground assault that drew increased international calls for the protection of civilians. The Nikkei has taken the biggest hit, in part due to speculation the Bank of Japan might tweak, or even abandon, its yield curve control policy when a two-day policy meeting ends on Tuesday. The central bank is considered almost certain to nudge up its inflation forecasts, but analysts are divided on whether it will act to allow 10-year bond yields to rise further given it spent billions last week to hold them below 1%.  ( 34 min )
    Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decision
    Asian shares were mostly lower on Monday ahead of a Federal Reserve decision this week on interest rates. U.S. futures gained while oil prices fell more than $1 a barrel. The Israeli military’s ground forces conducted incursions into Gaza over the weekend and Prime Minister Netanyahu warned of a “long and difficult” war.  ( 35 min )
    In the Market-Treasury market braces for seismic SEC rule
    Treasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability. The U.S. Securities and Exchange Commission rule, which was first proposed in September last year, would force much more of the trading in the $25 trillion Treasuries market, including a market for short-term financing called repurchase agreements (repo), to central clearing. Market participants widely expect the SEC to finalize the rule within weeks, perhaps as soon as mid-November, according to trade group SIFMA and half a dozen banking and hedge fund industry sources.  ( 34 min )
    Gold Holds Near $2,000 After Israel Starts Ground Offensive
    (Bloomberg) -- Gold traded near $2,000 an ounce — after breaching the threshold for the first time since May on Friday — as Israel’s ground invasion of Gaza appeared to be more cautious than it had initially vowed. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeRussia Closes Airport After a Mob Attack on Airplane From IsraelUkraine Recap:  ( 33 min )
    HSBC Holdings Third-Quarter Net Profit More Than Doubled
    The Asia-focused lender also intends to initiate a further share buyback of up to $3 billion after announcing three share buybacks in 2023 totaling up to $7 billion.  ( 27 min )
    HSBC profit misses estimates on costs, to buy back $3 billion of shares
    HSBC Holdings reported a 240% increase in third-quarter pre-tax profit on Monday as higher interest rates boosted profitability, although it missed market estimates. Europe's largest bank with a market value of $118.6 billion posted a pre-tax profit of $7.7 billion for the July to September quarter, versus $3.2 billion a year earlier, trailing the $8.1 billion mean average estimate of brokers compiled by HSBC.  ( 32 min )
    Wedbush Securities on Apple
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    Peltz’s Push for Disney Board Seats Boosted by Perlmutter’s Shares
    Former Marvel Entertainment executive Ike Perlmutter says he can ‘no longer watch the business underachieve its great potential.’  ( 29 min )
    Tesla Woes Bolster Appeal of Top China EV Maker BYD: Tech Watch
    (Bloomberg) -- Even as the supercharged rally in Tesla Inc. cools on weaker sales growth, expectations are ramping up for China’s top electric-vehicle maker BYD Co. thanks to record-high profits.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeUkraine Recap: Russian Su-25 Fighter Jet Said to be Shot DownGM Hit With More Strikes While Stellan  ( 35 min )
    J.P. Morgan Is Looking for the Silver Lining in the Current Market Headwinds — Here Are 2 Stocks the Banking Giant Likes Right Now
    Market legend Warren Buffett has said of investing, “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” Like most of his bon-mots, this quip embodies a basic fact about the stock markets: it’s a long-term game. There are serious headwinds in the market today, ranging from worries over the persistently stubborn inflation and the Fed’s high-interest rate policy to a steadily worsening geopolitical situation, and investor sentiment is getti  ( 37 min )
    Preferred Stock ETFs vs. Bond ETFs: What's the Difference?
    Take a look at the differences between preferred stock ETFs and bond ETFs and why you should invest in one over the other.  ( 23 min )
    Soaring Neutral Rate to Hurt Treasuries, Nasdaq, Survey Shows
    (Bloomberg) -- The interest rate that neither spurs nor slows the US economy has at least doubled in the aftermath of the pandemic, handing investors a reason to be nervous about buying bonds or stocks, according to the latest Bloomberg Markets Live Pulse survey.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeGM Hit With More Strikes While  ( 35 min )
  • Open

    Nederland heeft vorig jaar 1,7 miljard euro verdiend aan export naar Rusland
    De uitvoer naar Rusland heeft ons land vorig jaar 1,7 miljard euro opgeleverd. Dat is fors minder dan de 2,9 miljard euro van een jaar eerder. De export naar landen in de buurt van Rusland is juist hard gestegen.  ( 8 min )
    Aantal vakbondsleden daalt naar laagste punt in 60 jaar
    Het aantal mensen dat lid is van een vakbond, is gedaald naar 1,4 miljoen. Dat zijn 63.000 leden minder dan bij de vorige meting in 2021, een daling van 4 procent. Hiermee komt het aantal op het laagste punt in zestig jaar.  ( 8 min )
    Facebook en Instagram zonder reclame? In november kan het (tegen betaling)
    Vanaf november heb je op Facebook en Instagram de keuze uit een gratis versie met gepersonaliseerde reclame, of een betaalde versie zonder reclame. Daarmee hoopt Facebook-moederbedrijf Meta te voldoen aan de strenge Europese privacywet.  ( 10 min )
    Duurdere hamburgers en happy meals leveren McDonald's flinke winst op
    De flinke prijsverhogingen schrikken liefhebbers van de McDonald's niet af om er een snelle hap te halen. Alle verkochte hamburgers, salades en happy meals leverden het fastfoodbedrijf wereldwijd een winst van omgerekend 2,1 miljard euro op.  ( 8 min )
    Facebook en Instagram zonder reclame? Vanaf november kan het (tegen betaling)
    Vanaf november heb je op Facebook en Instagram de keuze uit een gratis versie met gepersonaliseerde reclame, of een betaalde versie zonder reclame. Daarmee hoopt Facebook-moederbedrijf Meta te voldoen aan de strenge Europese privacywet.  ( 9 min )
    ACM onderzoekt waarom de spaarrente in ons land zo langzaam omhoogkruipt
    De rente die je op je spaargeld ontvangt, is in sommige Europese landen bijna twee keer zo hoog als in Nederland. Toezichthouder ACM gaat daarom onderzoeken of er nog genoeg concurrentie op de Nederlandse spaarmarkt is.  ( 8 min )
    De huizenmarkt zit volledig op slot: zo willen partijen de markt in beweging krijgen
    In aanloop naar de Tweede Kamerverkiezingen duikt NU.nl in de verschillende verkiezingsprogramma's van partijen. Deze keer: de woningmarkt. Over meer betaalbare huizen, het versoberen van de hypotheekrenteaftrek en strengere regels op de huurmarkt.  ( 15 min )
    Online gokbedrijven moeten miljoenenboetes betalen
    Gokbedrijven GoldWin en MKC Limited hebben flinke geldboetes opgelegd gekregen. De bedrijven zijn in ons land actief met goksites WestCasino en Betworld247, maar hebben daar geen vergunning voor. GoldWin moet bijna 7 miljoen euro betalen en MKC Limited bijna 1 miljoen euro.  ( 8 min )
    Kleine krimp voor Duitse economie door zuinige consument
    De Duitse economie is in het derde kwartaal van dit jaar licht gekrompen. De grootste economie van Europa en de belangrijkste handelspartner van Nederland stevent daarmee af op een mogelijke recessie.  ( 8 min )
    Abercrombie & Fitch aangeklaagd voor seksueel wangedrag ex-topman
    Tientallen mannen hebben kledingketen Abercrombie & Fitch voor de rechter gesleept. Ze houden het bedrijf mede-verantwoordelijk voor grootschalige seksuele uitbuiting van mannelijke modellen door ex-topman Mike Jeffries.  ( 9 min )
    G7 publiceert gedragscode om kunstmatige intelligentie veilig te houden
    De landen van de G7 hebben een lijst met gedragsregels opgesteld voor bedrijven die zich bezighouden met de ontwikkeling van kunstmatige intelligentie. De regels zijn bedoeld om AI veilig en betrouwbaar te houden.  ( 9 min )
    AH-moederbedrijf krijgt er met aankoop Roemeense keten ruim 1.600 winkels bij
    Ahold Delhaize neemt de Roemeense levensmiddelenketen Profi over voor 1,3 miljard euro. Hiermee verdubbelt het moederbedrijf van onder andere Albert Heijn zijn aanwezigheid in Roemenië ruimschoots. Met het merk Mega Image was Ahold Delhaize al actief in Roemeense steden.  ( 8 min )
    AH-moederbedrijf koopt Roemeense supermarktketen Profi
    Ahold Delhaize neemt de Roemeense levensmiddelenketen Profi over voor 1,3 miljard euro. Hiermee verdubbelt het moederbedrijf van onder andere Albert Heijn zijn aanwezigheid in Roemenië ruimschoots. Met het merk Mega Image was Ahold Delhaize al actief in Roemeense steden.  ( 8 min )
    Laatste kans voor Chinese vastgoedreus Evergrande om hachje te redden
    Het wankele Chinese vastgoedconcern Evergrande krijgt een allerlaatste kans om met een plan van aanpak te komen voor zijn geldproblemen. Als het plan niet goed genoeg is, geeft de rechter in Hongkong waarschijnlijk het bevel tot ontmanteling van het bedrijf.  ( 9 min )
    Ziekteverzuim onder zorgpersoneel daalt ook in derde kwartaal
    Zorgmedewerkers hebben zich het afgelopen kwartaal weer minder vaak ziek gemeld. Ook in eerdere kwartalen van dit jaar daalden de verzuimcijfers al.  ( 8 min )
    Toyota verkoopt recordaantal auto's, een op de drie is hybride
    De Japanse autoproducent Toyota heeft het afgelopen half jaar wereldwijd een recordaantal auto's verkocht. Met name de verkoop van hybride auto's, die deels elektrisch rijden, ging flink de hoogte in.  ( 8 min )
    Verkiezingsprogramma's onder de loep: de woningmarkt
    In aanloop naar de Tweede Kamerverkiezingen duikt NU.nl in de verschillende verkiezingsprogramma's van partijen. Deze keer: de woningmarkt. Over meer betaalbare huizen, het versoberen van de hypotheekrenteaftrek en strengere regels op de huurmarkt.  ( 14 min )
  • Open

    Credit Crisis: Meaning, Overview, Historical Example
    A credit crisis is a breakdown of a financial system caused by a severe disruption of the normal process of cash movement that underpins any economy.  ( 21 min )
    Examining a Career as an Auditor
    Stricter government regulations have put auditing professionals in demand. Learn more about what's needed to pursue a career as an auditor.  ( 25 min )
    How to Gift Your Credit Card Rewards, Points, or Miles
    Do you have unused credit card rewards? You can gift them to family and friends and help pay for a honeymoon, birthday, or trip. Here's how to gift points, miles, and more.  ( 26 min )
    How to Make 529 Plan Contributions as a Gift
    It's easy to make a gift to a 529 plan. If you do, you are unlikely to incur a gift tax and the earnings can grow tax-free for your intended beneficiary.  ( 29 min )
    Happiness Economics: What it is, How it Works
    Happiness economics is the formal study of the relationship between individual satisfaction and economic factors such as employment and income.  ( 22 min )
    6 Proven Tips For Series 6 Success
    These techniques can help you pass the Series 6 exam without the added stress. Here are six tips to get you ready.  ( 24 min )
    International Banking Facility (IBF): Meaning, Regulations
    IBFs allow depository institutions in the U.S. to offer deposit and loan services to foreign residents and institutions.  ( 21 min )
    SoFi Shares Gain as FinTech Company Reports Record Memberships, Boosts Guidance
    SoFi reported record new quarterly membership and product enrollment, helping prompt it to raise its full-year guidance for revenue and earnings.  ( 17 min )
    GM Reaches Tentative Deal With UAW, Bringing Historic Strike to an End
    GM announced a tentative deal with the United Auto Workers union on Monday, ending a six-week strike against the Big Three automakers.  ( 17 min )
    S&P 500 Gains and Losses Today: Western Digital Shares Soar Amid Spinoff Plan
    The S&P 500 gained 1.2% on Monday, Oct. 30, 2023, ahead of more big earnings releases, the Fed meeting, and the October jobs report.  ( 16 min )
    Realty Income Buys Spirit Realty Capital for About $9.3 Billion
    Real estate investment trust (REIT) Realty Income Corp. said it would buy another REIT, Spirit Realty Capital, for $9.3 billion in an all-stock deal.  ( 17 min )
    How Are the Federal Funds, Prime, and LIBOR Rates Related?
    The prime rate is one of the most prominent benchmark rates, which tends to track the federal funds rate closely over time. LIBOR was discontinued in 2023.  ( 25 min )
    Brexodus: What It Is and Its Effects on the British Economy
    Brexodus refers to the mass exit of individuals and corporations that Brexit, the U.K.'s divorce from the EU, was predicted to cause.  ( 29 min )
    EverBank CD Rates: October 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 20 min )
    Pentagon Awards $1.3 Billion in Satellite Contracts to Northrop Grumman, York
    Northrop Grumman and York Space Systems were awarded $1.3 billion worth of contracts to provide communications satellites for the Pentagon's Space Development Agency.  ( 17 min )
    Top CD Rates Today: Earn 6% for a Year—or a Record 6.50% for 8 Months
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )
    Do Bond Losses Open Tax-Loss Harvesting Options For You? It Depends.
    After decades of gains, investment losses for the second straight year have put tax-loss harvesting options into play for bond investors. Financial advisors, though, caution that investors should first consider a wide array of factors when deciding whether to use them.  ( 19 min )
    Toyota Sets New Records for Global Output, Sales
    At 5.6 million units, the world's largest carmaker registered a third consecutive year-on-year increase in production, putting it on track for another year of strong gains.  ( 17 min )
    PNC Bank CD Rates: October 2023
    A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )
    Marcus CD Rates: October 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )
    Western Digital Shares Soar as Company Splits Off Flash Memory Business
    Shares of Western Digital Corp. (WDC) surged more than 10% in early trading Monday before giving back gains, after the company said it would spin off its flash memory business into a separate company.  ( 20 min )
    Your Annual Financial Planning Checklist
    It’s time to review your annual financial plan and check the progress on your most important goals. If you've never done it, here’s how to start.  ( 25 min )
    Biden's AI Exec Order Seeks New Laws, Requests Safeguards From Tech Companies
    President Joe Biden issued an executive order on Monday to set guidelines for artificial intelligence regulation.  ( 17 min )
    Top General Motors (GM) Shareholders
    The Top General Motors shareholders are Mary Barra, Mark Reuss, Doug Parks, BlackRock, Inc. The Vanguard Group, and Capital Research Global Investors.  ( 24 min )
    Index ETF: Definition, Types, Advantages, and Risks
    Index ETFs are exchange-traded funds that seek to track a benchmark index like the S&P 500 as closely as possible.  ( 21 min )
    What Does It Mean To Be Made in America?
    Made in America isn't as cut and dried as you might think. Unclear FTC rules allow just enough flexibility to make it hard to tell fact from fiction.  ( 26 min )
    Differences in Software Developers' AI Upskilling Could Widen Tech Gender Gap
    Women software developers are less likely than men to say they plan to pursue upskilling related to artificial intelligence, which could widen the existing gender gap within the tech industry.  ( 18 min )
    5 Tales of Hyperinflation and Devaluation
    Hyperinflation is a term to describe rapid, excessive price increases in an economy.  ( 23 min )
    Margin Account: Definition, How It Works, and Example
    A margin account is a brokerage account in which the broker lends the customer cash to purchase assets. Trading on margin magnifies gains and losses.  ( 24 min )
    Retirement Plan Solutions for Workers 70 and Older
    If you’re working and taking RMDs, your taxable income may start to bulge. Find out how to keep it—and your tax bill—under control.  ( 29 min )
    The 4 Best Passive Income Investments
    Generating income while you sleep requires knowing which options are a fit for your portfolio. Start by reviewing the best passive income investments.  ( 24 min )
    What Are Exchange-Traded Notes (ETNs), and How Do They Work?
    Exchange-traded notes (ETNs) are a type of unsecured debt security that tracks an underlying index of securities and trades on a major exchange like a stock.  ( 26 min )
    U.S. Consumers Have Better Credit Than Ever
    The average credit score among U.S. consumers rose to a record high of 718 in April, up from 716 last October.  ( 18 min )
    Medicare Advantage: Overview, Types, FAQs
    Medicare Advantage, or Medicare Part C, is a type of hospital and medical insurance provided by private companies instead of the federal government.  ( 25 min )
    Medicare 101: Do You Need All 4 Medicare Parts?
    There are four Medicare parts: A, B, C, and D. Learn what each Medicare part covers—including hospital, medical, and prescription drug coverage.  ( 27 min )
    Medicare Supplemental Insurance Cost
    Learn how Medigap policies are priced, how costs compare across plan types and insurance companies, the best time to buy, and how to save money on Medigap premiums.  ( 22 min )
    Passive ETF: What It Means, How It Works
    A passive ETF is a method to invest in an entire index or sector with the benefits of low costs and transparency absent in active investing.  ( 22 min )
    How Medicare Works if You're Not Retired
    When you turn 65, you have to decide whether or not to enroll in Medicare. This guide provides answers for people who are still employed.  ( 26 min )
    Original Medicare vs. Medicare Advantage
    Whether you stay with Original Medicare or choose a Medicare Advantage plan depends on how much you value flexibility versus cost and other factors.  ( 23 min )
    Using Pivot Points for Predictions
    The success of a pivot point system lies squarely on the shoulders of the trader and depends on their ability to effectively use it for predictions.  ( 23 min )
    Exchange-Traded Fund (ETF): What They Are, Benefits, and Types
    A stock exchange-traded fund is a security that tracks a particular set of equities or index but trades like a stock on an exchange.  ( 23 min )
    Markets Rise at Midday Ahead of Key Earnings News, Fed Meeting, and Jobs Data
    U.S. equities advanced at midday on Monday, Oct. 30, 2023 ahead of more key earnings reports, the Fed's policy meeting, and the Labor Department's October jobs report.  ( 16 min )
    Biden Administration Punishes Student Loan Servicer MOHELA for Errors
    One of the largest companies that services federal student loans is being punished by the Biden administration for errors affecting millions of borrowers.  ( 17 min )
    Government Securities Clearing Corporation (GSCC) Overview
    The Government Securities Clearing Corporation was a non-profit organization that clears and nets U.S. government securities and agency debt securities.  ( 20 min )
    What Is the Best Measure of Stock Price Volatility?
    Understand what metrics are most commonly used to assess stock price volatility compared to its own price history and that of the wider market.  ( 27 min )
    Onsemi Shares Plunge After Guidance Miss as Sales Soften
    Onsemi shares plummeted after the chipmaker gave worse-than-expected guidance as sales softened and its operating margin fell.  ( 17 min )
    What Are Alternative Investments? Definition and Examples
    An alternative investment is a financial asset that does not fall into one of the conventional investment categories which are stocks, bonds or cash.  ( 30 min )
    McDonald's Beats Profit and Sales Forecasts on Higher Prices, Larger Average Tickets
    McDonald’s posted better-than-expected results as customers paid higher prices for their food.  ( 17 min )
    Canadian Union Unifor Reaches Tentative Deal With Stellantis
    Stellantis reached a tentative deal with Canadian union Unifor, after coming to an agreement with the United Auto Workers union in the U.S.  ( 17 min )
    Hedge Your Bets With Inflation-Indexed Bonds
    Inflation-linked bonds, such as TIPS and I-Bonds, protect investment returns from the loss of purchasing power and increase portfolio diversification.  ( 25 min )
    Smart Beta ETF: Definition, Types, Example
    A smart Beta ETF is a type of exchange-traded fund that uses a rules-based system for selecting investments to be included in the fund.  ( 24 min )
    What's the Most You Can Borrow With a Home Equity Loan?
    Homeowners may be able to borrow up to 85% of the equity in their property with a home equity loan.  ( 23 min )
    How to Make an IRA Contribution as a Gift
    If you want to contribute to another person’s IRA, it is important to understand the contribution requirements and limitations.  ( 27 min )
    What Is a Sector ETF, How Do You Invest in One?
    A sector exchange-traded fund (ETF) invests in the stocks and securities of a specific sector, typically identified in the fund title.  ( 22 min )
    Reverse Mortgage vs. Annuity: What's the Difference?
    Reverse mortgages and annuities are two quite different financial products, but both are used to generate a steady stream of income for retirement.  ( 28 min )
    What Are Vanguard's Admiral Shares?
    Learn about Vanguard Admiral Shares—a separate class of shares for mutual funds—with lower fees and a higher required initial investment if you invest.  ( 23 min )
    The Future of ETFs
    ETFs are growing in popularity because of their simplicity, cost-effective approach to investing, and the diversity they provide. But where are they headed in the future?  ( 23 min )
    Searching for Signs of Hope Amid the Selloff
    Shannon Sacoccia, the Chief Investment Officer for NB Private Wealth, climbs back aboard The Express to put the recent selloff into perspective, and to help us identify the signals to watch for that will turn the market around.  ( 15 min )
    My Sister’s Money Earns Miles Instead of Interest With This Savings Account
    When my sister got a large inheritance and told me she wanted to travel, I convinced her to open a Bask Bank Mileage Savings account to earn miles instead of interest.  ( 18 min )
    5 Simple Ways to Invest in Real Estate
    Sure, you can be a landlord, but there are other, less time-consuming ways to make money by investing in real estate.  ( 28 min )
    To Score the Best CD Rates, Make Sure Credit Unions Are in Your Search
    The three best CD rates available nationwide are from credit unions: 6.50% from Financial Partners Credit Union and 6.00% from Credit Human and Sandia Area Federal Credit Union.  ( 17 min )
    Mortgage Rates Fall for Virtually Every Loan Type
    Rates for almost every mortgage type have fallen, including a dip in 30-year rates that drops the flagship average to its lowest level in almost two weeks.  ( 19 min )
    Golden Visa Programs: What They Are and How They Work
    The golden visa is a type of residency-by-investment program offered by several countries, allowing foreign nationals to obtain residency rights by making a significant investment in the country's economy.  ( 25 min )
    What Is the Racial Wealth Gap? Definition, Statistics, and Impact
    The racial wealth gap refers to the difference in assets among different racial and ethnic groups, reflecting resource and opportunity disparities.  ( 40 min )
    Starting a Business with No Money: How to Begin
    Starting a business with no money can be challenging, but it's not impossible if you know how to get creative with finding ways to finance it.  ( 27 min )
    How to Invest on a Shoestring Budget
    Even when money is tight, there are ways you can save, invest, and start building wealth. Learn how to start investing even when your budget is small.  ( 28 min )
    Build a Business as an Advisor Around Under-Served Clients
    Despite efforts by advisors to provide niche services, there are still markets that remain untapped.  ( 21 min )
    Porter's 5 Forces Explained and How to Use the Model
    Porter's 5 Forces is a model that identifies and analyzes the competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.  ( 26 min )
    SWOT Analysis: How To With Table and Example
    SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning.  ( 32 min )
    5 Things to Know Before Markets Open
    The United Auto Workers union reached a deal with Stellantis while expanding its strike against GM. Here’s what investors need to know today.  ( 18 min )
    How to Advise Non-U.S. Citizens on Social Security
    Advising clients who are not U.S. citizens on Social Security is complex. Here is how you can successfully navigate this challenge.  ( 23 min )
    Top Compliance Headaches for Financial Advisors
    Advisors who do not devote sufficient attention to compliance issues can find themselves in hot water with both regulators and their clients.  ( 21 min )
    Pros and Cons of Holding Crypto in a 401(k)
    You can add Bitcoin to Fidelity’s 401(k) accounts. In this article, we’ll explore the pros and cons of doing so.  ( 24 min )
    Gaming Industry ETF Definition
    Gaming industry ETFs invest in companies that generate revenue from the casino sector, video game industry or other forms of entertainment.  ( 23 min )
    Will a Loan on My 401(k) Affect My Mortgage?
    A 401(k) loan won’t affect your current or future mortgage. Learn how a 401(k) loan works and about how to use it to finance a down payment on a new home.  ( 23 min )
    How Savings Account Interest Rates Are Determined
    Find out how supply, demand, and central bank policy all affect savings account rates offered by banks for extra deposits on account balances.  ( 23 min )
    How AI is Shaping the Advisory Landscape
    While many have been slow to adapt AI or wary of its benefits, financial advisors who do not adapt the technology to their practice will be left behind.  ( 24 min )
    Commodity ETF: Meaning, Overview and FAQ
    A commodity ETF is an exchange traded fund that invests in physical commodities, such as agricultural goods, natural resources, and precious metals.  ( 26 min )
    State and Local Tax (SALT): Definition and How It's Deducted
    The federal deduction for state and local taxes (SALT) for taxpayers who itemize deductions is currently capped at $10,000. What’s next?  ( 26 min )
    The 3 Largest Global Ex-U.S. ETFs
    Discover global ex-U.S. exchange-traded funds (ETFs) and why you may want to use them in your portfolio, and learn about the three largest ETFs available.  ( 23 min )
    Understanding Gold ETFs vs. Gold Futures
    Gold ETFs and gold futures are two ways to diversify into the metals asset class, but there are significant differences between the two investment vehicles.  ( 28 min )
    The 5 Largest Developed Market ETFs (EFA, VEA)
    Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.  ( 21 min )
    The True Risks Behind Preferred Stock ETFs
    Although preferred stock ETFs may pay higher dividends, they also pose risks, including lack of diversification and sensitivity to interest rates.  ( 21 min )
    Preferred Stock ETFs vs. Bond ETFs: What's the Difference?
    Take a look at the differences between preferred stock ETFs and bond ETFs and why you should invest in one over the other.  ( 23 min )
    Tax Revenue: What it is, How it Works, Types
    Reliance on an income tax versus a consumption tax is one big difference between U.S. revenue sources and those of other countries. Learn the options.  ( 27 min )
    Are Triple Leveraged ETFs a Good Idea?
    Investors who are over the leverage game should consider ETFs as a way to maximize returns and increase exposure.  ( 23 min )
    6 Popular Types of ETF For Your Portfolio
    Due to their ease of use, low fees and diversification benefits, ETFs have exploded in popularity. We look at six common types of funds.  ( 24 min )
  • Open

    S&P 500 Gains and Losses Today: Western Digital Shares Soar Amid Spinoff Plan
    The S&P 500 gained 1.2% on Monday, Oct. 30, 2023, ahead of more big earnings releases, the Fed meeting, and the October jobs report.  ( 1 min )
    GM Reaches Tentative Deal With UAW, Bringing Historic Strike to an End
    GM announced a tentative deal with the United Auto Workers union on Monday, ending a six-week strike against the Big Three automakers.  ( 1 min )
    SoFi Shares Gain as FinTech Company Reports Record Memberships, Boosts Guidance
    SoFi reported record new quarterly membership and product enrollment, helping prompt it to raise its full-year guidance for revenue and earnings.  ( 1 min )
    Markets Rise at Midday Ahead of Key Earnings News, Fed Meeting, and Jobs Data
    U.S. equities advanced at midday on Monday, Oct. 30, 2023 ahead of more key earnings reports, the Fed's policy meeting, and the Labor Department's October jobs report.  ( 1 min )
    Dow Jones Today: Stock Futures Jump To Kick Off Big Earnings, Fed Week
    Stock futures were higher in premarket trading Monday to kick off another week of earnings, plus the Fed's interest rate decision and a major jobs report.  ( 1 min )
    5 Things to Know Before Markets Open
    The United Auto Workers union reached a deal with Stellantis while expanding its strike against GM. Here’s what investors need to know today.  ( 1 min )
  • Open

    Toyota Sets New Records for Global Output, Sales
    At 5.6 million units, the world's largest carmaker registered a third consecutive year-on-year increase in production, putting it on track for another year of strong gains.  ( 1 min )
    Realty Income Buys Spirit Realty Capital for About $9.3 Billion
    Real estate investment trust (REIT) Realty Income Corp. said it would buy another REIT, Spirit Realty Capital, for $9.3 billion in an all-stock deal.  ( 1 min )
    Pentagon Awards $1.3 Billion in Satellite Contracts to Northrop Grumman, York
    Northrop Grumman and York Space Systems were awarded $1.3 billion worth of contracts to provide communications satellites for the Pentagon's Space Development Agency.  ( 1 min )
    Western Digital Shares Soar as Company Splits Off Flash Memory Business
    Shares of Western Digital Corp. (WDC) surged more than 10% in early trading Monday before giving back gains, after the company said it would spin off its flash memory business into a separate company.  ( 1 min )
    Canadian Union Unifor Reaches Tentative Deal With Stellantis
    Stellantis reached a tentative deal with Canadian union Unifor, after coming to an agreement with the United Auto Workers union in the U.S.  ( 1 min )

  • Open

    US Treasury seen boosting auction sizes as budget deficit worsens
    The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit, analysts said. Investors are playing close attention to this week's quarterly refunding announcement as a sharp jump in long-term Treasury yields has been partly attributed to concerns about the U.S. fiscal deficit. "The market has associated the rise in Treasury yields with deficit concerns and reflects worries about the sustainability of those deficits," said Guneet Dhingra, managing director and head of U.S. rates strategy at Morgan Stanley in New York.  ( 34 min )
    China Evergrande granted final reprieve as winding-up hearing adjourned
    HONG KONG (Reuters) -A hearing on Monday to wind up China Evergrande Group was adjourned until Dec. 4, with a Hong Kong High Court judge giving the world's most indebted property developer one last chance to come up with a restructuring plan or face liquidation. Evergrande, which has more than $300 billion of liabilities, defaulted on its offshore debt in late 2021 and became the poster child of a debt crisis that has since engulfed China's property sector. Justice Linda Chan told the court the next hearing would be the last before a decision is made on the winding up order.  ( 34 min )
    Stocks Poised to Open Higher
    The week features the Federal Reserve's latest decision on interest rates, Apple earnings, and the October jobs report.  ( 23 min )
    The stock market is grasping for direction as multiple buy and sell signals flash at the same time
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    The biggest themes stock investors should be watching as bearish headwinds swirl
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    The Big Bond Market Event Wednesday Is at Treasury, Not the Fed
    (Bloomberg) -- The Federal Reserve’s policy statement is setting up to be the No. 2 event on Wednesday, with investor focus instead likely to be on the Treasury Department’s new borrowing plan, due hours ahead of the interest-rate decision.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeIsrael Deepens a War With Hamas That Has No End in SightCanada Plans College Crackdown Amid Foreign Student Tr  ( 35 min )
    Gas prices continue decline amid Israel-Hamas war, but that could change
    Gas prices continue to fall as the Israel-Hamas war escalates, but the situation could change quickly.  ( 34 min )
    SoFi Will Post Earnings Monday. It Has a Lot to Prove.
    SoFi shares have had a fantastic year, but they're still trading at about a third of where they debuted two years ago.  ( 30 min )
    Cybersecurity Stocks: What To Watch In This Week's Earnings Reports
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    Strained Markets Face Added Tension as Israel-Hamas War Heats Up
    (Bloomberg) -- The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central bank decisions and a high-stakes announcement of US bond sales. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursCanada Plans College Crackdown Amid Foreign Student TroublesGM Hit With More Strikes While Stellantis Reaches Deal With UAWHow This Israel-Hamas Conflict Is Like Nothing That’s Happened B  ( 34 min )
    Landlords pay off millions in mortgage debt to slash interest bills
    Landlords are paying off millions of pounds in mortgage debt in a bid to reduce rising interest bills.  ( 33 min )
    Goldman Sachs CEO: Doesn’t see 1970-80s interest rates
    Interest rates are climbing, driving prices higher for everything from homes to cars to credit cards. With the Federal Reserve on tap to raise rates further, how high can they go?  ( 34 min )
    The Wolf of Wall Street: Why the S&P 500 Index is still the ticket to riches
    Jordan Belfort, known for his best-selling book, "The Wolf of Wall Street," shares some simple investing advice to build a large retirement nest egg.  ( 36 min )
    Apple earnings, Fed decision and jobs data top Wall Street week ahead
    Investors are preparing for another busy week of earnings, including McDonald's and Apple, as well as ADP's private employer jobs report and the government's jobs data for October.  ( 34 min )
    S&P 500 and Nasdaq are in correction territory. What it means for you and your 401(k).
    The S&P 500 and Nasdaq Composite were in correction territory Friday after dipping more than 10% from recent peaks. What it means for you.  ( 34 min )
    Florida's insurance crisis poses yet another obstacle for homebuyers there
    Florida's insurance crisis threatens homebuyers who are trying to secure financing.  ( 36 min )
    UAW's new deal with Ford includes $8 billion in manufacturing investments
    DETROIT (Reuters) -United Auto Workers union leaders approved a new tentative contract agreement Sunday with Ford Motor that includes $8.1 billion in company manufacturing investments, while bargaining continues at General Motors without any deal. UAW President Shawn Fain on Saturday ordered a walkout at GM's Spring Hill, Tennessee engine and assembly plant, criticizing management's "unnecessary and irresponsible refusal to come to a fair agreement." Fain met with union leaders on Sunday to go over the agreement before officials agreed to submit the deal to the full membership for a ratification vote.  ( 35 min )
    Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year
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    Ask an Advisor: Should I Stop Reinvesting Dividends?
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    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
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    $800,000 Bucks Will Buy You This Much Retirement
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    Is $3 Million Enough to Retire at 50?
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    Plan to Hike Electric Bills 29% Sparks Fury in Wyoming
    The proposed increase has turned into a fight over renewable power in the coal-rich state and led to talks of a government takeover.  ( 29 min )
    What Wall Street Expects From PayPal's New CEO
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    A Sweetheart Deal on Car Dealers After Auto Strikes
    Dealers’ margins would have been at risk if the UAW strikes continued.  ( 28 min )
    Fed meeting, Apple earnings: What to know this week
    Another busy week for investors will be highlighted by central bank news and results from America's biggest public company.  ( 37 min )
    Stock Traders Face Pivotal Week as Apple Steals Fed Spotlight
    (Bloomberg) -- A Federal Reserve meeting typically is the stock-market story of the week. Not so this time, however, as investors are more focused on Apple Inc.’s Thursday earnings report than the central bank’s Wednesday interest-rate decision. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursCanada Plans College Crackdown Amid Foreign Student TroublesGM Hit With More Strikes While Stellantis Reaches Deal With UAWIsrael Warns of ‘Long’ War as Invasion of Gaza Str  ( 35 min )
    Dan Niles looking to re-short Tesla, Apple: Insider trades & hedge funds weekly
    Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed last week: Corvex doubles stake in Southwest Gas, Ancora supports Forward Air’s decision to terminate Omni Logistics merger, Satori's Dan Niles covers shorts in Tesla and Apple and looks to re-short higher, and top brass buys at Truist Financial, Nasdaq, and Commercial Metals. InvestingPro subscribers got this news first.  ( 34 min )
    Oil and Gas Markets Eye Risk of Escalation as Gaza War Deepens
    (Bloomberg) -- Oil and gas markets are set for another volatile week of trading after Israel began its long-anticipated ground invasion of Gaza.Most Read from BloombergIsrael Latest: Air Force Drops Leaflets Urging Hamas SurrenderCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeThe biggest risk to  ( 34 min )
    Fed to Weigh How Much Fuel Consumers Have Left After Rate Hikes
    (Bloomberg) -- The surprising resilience of American consumers is about to be tested over the coming months, as rising delinquencies, growing debt payments and dwindling cash piles put pressure on household balance sheets. Most Read from BloombergIsrael Latest: Air Force Drops Leaflets Urging Hamas SurrenderCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWHow This  ( 35 min )
    The Nasdaq's fallen into a correction – what investors should consider
    The Nasdaq is down — but investors should focus on quality companies in the tech heavy index.  ( 35 min )
    Crypto Memes Kick Back Into High Gear After Bitcoin ETF Frenzy
    (Bloomberg) -- If there’s one thing that crypto enthusiasts love more than the digital assets themselves, it’s memes. A frenzy of crypto-based memes have gained fresh momentum last week as Bitcoin rallied.Most Read from BloombergIsrael Latest: Army Says It Strikes Hezbollah Targets in LebanonCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWIsrael Enters ‘New Stage’  ( 33 min )
    Big Bank Bought Up Apple, Tesla, AT&T, and Microsoft Stock
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    Bad loans are becoming a real problem for regional banks
    Many regional banks say their troubled loans are on the rise as commercial borrowers show more signs of strain.  ( 37 min )
    Borderlands: US mulls terminating tomato trade agreement with Mexico
    This week in Borderlands: The U.S. mulls terminating a tomato trade agreement with Mexico; Walmart opens a fulfillment center near Dallas; Saddle Creek Logistics is opening a distribution center in Arizona; and layoffs hit GulfMark Energy’s operations in Texas. The post Borderlands: US mulls terminating tomato trade agreement with Mexico appeared first on FreightWaves.  ( 36 min )
    A Harvard Prodigy Set Out to Disrupt the Legal Industry. Now, CS Disco Tries to Fix Its Culture.
    Following CEO Kiwi Camara’s exit, employees called for a board investigation. CS Disco says it is working to address staff concerns.  ( 31 min )
    Mideast Market Reaction Subdued as Israel Begins Gaza Ground War
    (Bloomberg) -- Middle Eastern markets that opened on Sunday showed little sign of panic as trading began a day after Israel started its ground invasion of Gaza.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWIsrael Enters ‘New Stage’ of War With Gaza Ground FightingIsrael Latest: Strikes on Gaza as Israel Enters Ground WarIsrael’s TA-35 sto  ( 32 min )
    Americans Can’t Stop Spending. Five Reasons Why.
    A mix of job security, high savings and skepticism about the future are keeping U.S. consumers’ wallets open.  ( 24 min )
    Why Chinese interest is soaring in West African Guinea's Simandou iron ore reserves
    A massive untapped iron ore mine in West Africa has shot up China's list of belt and road priorities as it pushes to cut reliance on Australia and Brazil for the mineral essential to steel production. Simandou, a 110km (68 mile) mountain range in the inland forests of southeastern Guinea, is home to the world's largest known undeveloped reserve of high-grade iron ore, with a projected annual production capacity of 120 million tonnes. The vast deposits have drawn Chinese multinationals including  ( 37 min )
    Hedge Fund Two Sigma Is Hit by Trading Scandal
    The firm co-founded by David Siegel has told clients that a researcher adjusted the hedge fund’s investing models without authorization, resulting in a total of $620 million in unexpected gains and losses.  ( 31 min )
    The IMF figures that lay bare the world’s dangerous debt addiction
    Over the past 50 years, four tidal waves of debt have crashed down on the global economy – three of which ended in crisis.  ( 35 min )
    Traders and Banks Strike Deals in Russian Metals as Taboo Fades
    (Bloomberg) -- Nearly two years since the invasion of Ukraine, a handful of western banks and traders from Citigroup Inc. to Trafigura Group are increasingly willing to enter new deals for Russian metals, seizing opportunities for profit while competitors hold back.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsIsrael Enters ‘New Stage’ of War With Gaza Ground FightingGM Hit With More Strikes While St  ( 36 min )
    Chevron's $53B Hess purchase; Western Digital's doomed merger: 5 big deal reports
    Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: Chevron to buy Hess for $53 billion, Vista Equity Partners to pick up EngageSmart, Roche to buy Telavant Holdings from Roivant and Pfizer , Western Digital drops on 'scrapped' merger, and Forward Air seeks to terminate disastrous Omni merger. Chevron (NYSE:CVX) last week said it struck an all-stock deal to buy Hess (NYSE:HES) for $53 billion, or $171 per share, based on Chevron's Oct. 20 closing price.  ( 35 min )
    US Job Growth Is Expected to Cool as the Fed Looks to Pause Again
    (Bloomberg) -- Employers in the US probably tempered their pace of hiring this month after beefing up payrolls by the most since the start of the year, consistent with a sturdy labor market that’s powering economic expansion.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsIsrael Enters ‘New Stage’ of War With Gaza Ground FightingEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventGovernme  ( 37 min )
    Many Mortgages Are Still Below 4%. The Rate Is Handcuffing Homeowners.
    The median U.S. first-lien mortgage holder in September had a 3.5% rate, according to one data firm.  ( 28 min )
    ‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least
    One of the hottest investments on Wall Street is something of a surprise—a battered, long-dated Treasury bond fund.  ( 23 min )
    3 reasons why Wall Street giants say investors should pay attention to Treasurys as yields soar
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    UAW Expands Strike With GM After Reaching Tentative Agreement With Stellantis
    The United Auto Workers calls a fresh walkout at a General Motors factory in Tennessee.  ( 31 min )
    The World’s Iron Ore Powerhouse Is Preparing to Reinvent Itself
    (Bloomberg) -- Vast heaps of crushed brown rock hem the Indian Ocean at Western Australia’s Parker Point port — each a stockpile of 200,000 tons of iron ore, ready to be poured into a procession of bulk carriers bound for Asia’s steel mills.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsIsrael Enters ‘New Stage’ of War With Gaza Ground FightingGM Hit With More Strikes While Stellantis Reaches Deal Wit  ( 37 min )
  • Open

    Double Gold ETF
    A double gold exchange-traded fund (ETF) is designed to respond to twice the daily rise and fall of the price of gold.  ( 22 min )
    Currency ETF: Meaning, Special Considerations, Examples
    Currency ETFs are financial products built with the goal of providing investment exposure to forex currencies.  ( 25 min )
    Top 10 Lead-Generation Tips for Financial Advisors
    The top 10 strategies advisors can implement to generate leads, as well as the ones they should avoid.  ( 21 min )
    Where Did the Phrase Pork Barrel Come From?
    Learn how the phrase "pork barrel" came to be associated with politically motivated government spending.  ( 23 min )
    Default: What It Means, What Happens When You Default, Examples
    A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. Find out what the consequences of default are.  ( 29 min )
    7 Careers in Finance at Non-Profit Organizations
    The non-profit sector offers a stable selection of jobs for those who seek other types of fulfillment from their jobs than just purely financial.  ( 19 min )
    Choosing a Profession in the Finance Industry
    In this article, we'll discuss the personal characteristics, education and training you need to obtain the profession you want in the financial industry.  ( 23 min )
    Insurance Industry ETF Definition
    An insurance industry ETF invests primarily in insurance companies to obtain investment results that closely track an underlying index of insurers.  ( 22 min )
    Present Value Excel: How to Calculate PV in Excel
    Learn what present value (PV) and future value (FV) are and how to calculate present value in Excel given the future value, interest rate, and period.  ( 23 min )
    Are Financial Advisors Paid by Mutual Funds?
    Some financial advisors are paid by mutual fund companies for as long as their clients own their funds. Here's how it works.  ( 23 min )
    UAW Reaches Tentative Agreement With Stellantis, Expands Strike Against GM
    The UAW labor union has come to an agreement to end strike action against Stellantis, while increasing the pressure on General Motors.  ( 17 min )
    Case-Shiller U.S. National Home Price NSA Index Definition
    The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index tracks the changes in the overall value of the U.S. residential market over time.  ( 23 min )
    A Guide to Financial Designations
    Learn about the wide range of designations available in the financial industry and their varying requirements.  ( 24 min )
    Cold Calling Alternatives for Financial Advisors
    Is cold calling really dead? If so, what are the better alternatives?  ( 19 min )
    Top Strategies to Attract High-Net-Worth Clients
    Here's how to think outside of the box when it comes to attracting a high-net-worth client base.  ( 21 min )
    CDs vs. Stocks: What's the Difference?
    Certificates of deposit (CDs) and stocks vary greatly in their risks, potential returns, and flexibility. Find out their key differences.  ( 24 min )
    What to Know Before You Become a Portfolio Manager
    Becoming a portfolio manager is an incredible step, but the requirements can be hard to come by, and only those who are truly prepared will succeed.  ( 22 min )
    Can You Bypass Probate With CDs?
    Naming a beneficiary to your accounts, including any CDs, will allow your heirs to avoid any delays that the probate process can cause.  ( 22 min )
    Target-Date vs. Index Funds: Is One Better?
    Target-date and index funds are difficult to compare because they differ in both structure and objective, though investors can compare two specific funds.  ( 21 min )
    Investments: An Important Income Source for People with Disabilities
    If you receive Social Security disability benefits, there’s a limit on how much income you can earn from working but none on passive income from investments.  ( 27 min )
  • Open

    Groeiend aantal Nederlanders zonder aanvullende fysioverzekering
    Een groeiende groep Nederlanders is niet aanvullend verzekerd voor fysiotherapie. Een deel van hen komt daardoor in het ziekenhuis terecht, terwijl een fysiotherapeut ze ook had kunnen behandelen, wat goedkoper is.  ( 9 min )
    Oekraïne wil vanaf 2025 geen Russisch gas meer doorlaten
    Oekraïne wil vanaf 2025 geen Russisch gas meer doorvoeren richting het westen. Dat zegt Oleksej Tsjernysjov, de topman van het Oekraïense gasbedrijf Naftogaz.  ( 8 min )
    Amerikaanse bank verwacht dat economie Israël dit kwartaal stevig kan krimpen
    De Israëlische economie zou in de laatste drie maanden van het jaar stevig kunnen krimpen. Dat hebben economen van de Amerikaanse bank JPMorgan Chase becijferd.  ( 9 min )
    Economen verwachten dat economie Israël dit kwartaal stevig kan krimpen
    De Israëlische economie zou in de laatste drie maanden van het jaar stevig kunnen krimpen. Dat hebben economen van de Amerikaanse bank JPMorgan Chase becijferd, nu Israël in oorlog is met Hamas.  ( 9 min )
    Medewerkers in de houthandel leggen komende week opnieuw werk neer
    Werknemers in de Nederlandse houthandel leggen donderdag en vrijdag 48 uur lang het werk neer. Meer stakingen zijn aanstaande, waarschuwt vakbond FNV.  ( 9 min )
    NU+ | Getest: Beste 'AirPods' van dit moment zijn niet van Apple, maar van Sony
    Sinds de introductie van Apples AirPods in 2016 hebben veel andere fabrikanten ook draadloze oordopjes op de markt gebracht. Daardoor heb je nu een ruime keuze. Tweakers zocht uit welke in-ears op dit moment de beste zijn.  ( 8 min )
    Vakbond bereikt voorlopig akkoord met tweede autofabrikant VS
    De Amerikaanse vakbond voor de auto-industrie UAW heeft na 44 dagen staking een voorlopig akkoord bereikt met autoproducent Stellantis. Bij General Motors, de enige van de drie grote fabrikanten die volhardt, wordt de wekenlange staking uitgebreid.  ( 9 min )
    Praat Mee | Ga jij voor een vast energiecontract?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over energiecontracten. De energieprijzen stijgen weer na een lange daling. Dit lijkt dus hét moment om voor zekerheid te kiezen, in de vorm van een vast contract. Toch wachten veel consumenten nog af. Ga jij voor een vast contract? Of kies je daar juist niet voor?  ( 8 min )
    Vakbond bereikt na 44 dagen staken voorlopig akkoord met tweede autofabrikant VS
    De Amerikaanse vakbond voor de auto-industrie UAW heeft na 44 dagen staking zaterdag een voorlopig akkoord bereikt met autoproducent Stellantis. Bij General Motors, de enige van de drie grote fabrikanten die volhardt, wordt de wekenlange staking uitgebreid.  ( 9 min )
    Explainer | Is spitsmijden de oplossing voor het overvolle stroomnet?
    Het Nederlandse stroomnet is overvol. Zo vol dat er enorme wachtlijsten voor aansluiting op het netwerk zijn. Kan 'spitsmijden' ruimte maken op het stroomnet?  ( 3 min )
    NU+ | Veel lawaai, weinig beenruimte: Rutgers vlucht in een Ryanair-simulatie
    Van alles wat je op een doordeweekse avond kan doen, had techjournalist Rutger Otto niet verwacht dat hij ooit in een door tieners gemaakte Ryanair-simulatie zou zitten. Toch stapte hij met tientallen Roblox-spelers aan boord van een virtueel vliegtuig richting de hoofdstad van Montenegro.  ( 10 min )
  • Open

    UAW Reaches Tentative Agreement With Stellantis, Expands Strike Against GM
    The UAW labor union has come to an agreement to end strike action against Stellantis, while increasing the pressure on General Motors.  ( 1 min )

  • Open

    Our Most Read Stories This Week: Arthur Hayes, Bitcoin ETF, New POL Token
    The Defiant's most read stories for the week of Oct. 23.  ( 34 min )
    Get ready for more US debt sticker shock as Wall Street sees a bigger wave of Treasurys flooding the bond market
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    One Last Make-or-Break Week of 2023 Has Treasury Traders on Edge
    (Bloomberg) -- It’s been a tempestuous year for US Treasuries. The coming week will set the stage for how it ends.Most Read from BloombergIsrael Enters ‘New Stage’ of War With Gaza Ground FightingCanada Plans College Crackdown Amid Foreign Student TroublesEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventIsrael Latest: Iranian Minister Warns US Over Support of IsraelIn the span of just a few days, investors will get updates on the major forces responsible for the unusually high v  ( 34 min )
    The UAW Strike Nears an End. The Winners, Losers, and Unknowns in the Deal.
    Chrysler-parent Stellantis reached a deal with the United Auto Workers to end a six-week strike just days after Ford Motor came to a tentative agreement with the union.  ( 28 min )
    This Chip Stock Looks Like a Buy Ahead of Earnings
    ON is scheduled to report earnings. A beat could help its stock rebound.  ( 26 min )
    The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story.
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    Tech Earnings Were Strong. Why Stocks Slipped Into a Correction Anyway.
    For Microsoft, Meta, Alphabet, and Amazon, generative AI is a high-stakes, no-limit poker game that requires not just capital but also labor—mainly costly coders.  ( 35 min )
    Investors on edge as Middle East conflict intensifies
    Investors are watching over the weekend for signs of whether the conflict in the Middle East will escalate, which could ratchet up volatility in markets that already expected a busy week ahead with a Federal Reserve policy statement and Apple results. Investors have grown more worried about a widening conflict in recent days after the U.S. dispatched more military assets to the Middle East while Israel attacked targets in Gaza and Hamas supporters in Lebanon and Syria. "The situation in Israel is … causing a lot of anxiety,” said Randy Frederick, managing director of trading and derivatives for Charles Schwab.  ( 32 min )
    Microsoft Leads These 5 Dow Jones Stocks Near Buy Points
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    Could These Bonds Protect Retirees From Inflation ... All While Making Them a Profit?
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    I'm Retired But Want to Work Still. What Are My Options?
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    Retired & on a Budget? Here's How to Still Afford a Good, Full Life
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    Retirees Rely on Social Security The Most in These US Cities
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    What Will My Lifestyle Look Like if I Retire With $20 Million?
    Imagine awakening to the gentle sound of waves washing up on a pristine beach, steps away from your luxury villa. You enjoy a gourmet breakfast while planning your day, debating between taking a tranquil boat trip or enjoying a private tour of a renowned local museum. All of these are made possible because you’ve amassed […] The post What a Retirement Lifestyle With $20 Million Looks Like appeared first on SmartReads by SmartAsset.  ( 37 min )
    Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We're in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies?
    My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA  ( 34 min )
    Ask an Advisor: I Lost My Job. Can I Tap Retirement Accounts Without Penalties?
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    Is $5 Million Enough to Retire at 30?
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    Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen?
    I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.  ( 36 min )
    Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With?
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    You Have to Work This Many Years Before You Can Retire Work
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    This Is Where Rich Americans Give the Most to Charity
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    Could These RMD Rules Turn Charitable Donations Into Long-Term Retirement Income?
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    Chinese EV Startup Secures Billion-Dollar Backing From U.S. Auto Giant
    Stellantis plans to invest $1.6 billion in Chinese EV startup Leapmotor as other automakers struggle in China's electric vehicle market.  ( 34 min )
    A Couple Paid Down Most of Their Debt. Now They Need a New Financial Plan.
    They want to build an emergency fund and start planning for children. A financial adviser offers her suggestions for how they can best get there.  ( 29 min )
    Market turns vicious on profit misses in tough earnings season
    (Bloomberg) -- Earnings season is halfway through, and one thing is becoming clear – equity investors are frustrated with all the losing.Most Read from BloombergIsrael Enters ‘New Stage’ of War With Gaza Ground FightingCanada Plans College Crackdown Amid Foreign Student TroublesEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventIsrael Latest: Iranian Minister Warns US Over Support of IsraelEleven trading days have elapsed since JPMorgan Chase & Co. kicked off quarterly results, an  ( 34 min )
    Exxon and Chevron Megadeals Reveal Why Days of Easy Oil Are Over
    (Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. spent recent days telling investors why they want to spend $114 billion combined on two megadeals. On Friday, their earnings reports revealed why they need to.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventIsrael Latest: Iranian Minister Warns US Over Support of IsraelIsrael Enters ‘New Stage’ of War With Gaza Ground FightingExxon’s oil product  ( 35 min )
    Student loans: Who is responsible for all that debt in a divorce?
    Paying off student loans is, of course, a huge problem. But often overlooked is how complicated it becomes when couples are in the middle of a divorce.  ( 34 min )
    More Americans over 75 are working than ever: "We're balling now"
    One 78-year-old says he loves his profession and can't imagine stepping back from his work. "I'll retire in a wooden box," he said.  ( 37 min )
    ETFs Highly Exposed to the 'Magnificent 7' Have Been Pummeled Amid a Tech Selloff
    Lackluster earnings and soaring Treasury yields have dragged down big tech stocks and the ETFs exposed to them.  ( 20 min )
    Dow Jones Futures: Apple, Fed Loom For Market Correction; Microsoft Leads Stocks To Watch
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    Un-retiring: Yahoo Finance's readers speak. (And we answer.)
    Some 1,500 readers weighed in on the pros and cons of going back to work after deciding to retire. Here's an edited sampler of some of those comments — and my take on them.  ( 39 min )
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    Hedge fund billionaire Steve Cohen expects a recession to come and go quickly before a stock market rally in 2024
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  • Open

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  • Open

    Vijftig jaar na sluiting laatste steenkoolmijn kunnen Limburgers schade melden
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  • Open

    Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos
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  • Open

    The S&P 500 will rocket 18% by year-end as the economy stays strong and the Fed ends interest rate hikes, Oppenheimer investment chief says
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    The S&P 500 could fall another 5% and test a critical support level that has previously marked the bottom, Bank of America says
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    S&P 500 Gains and Losses Today: Solar Stocks Plunge After Warning From Enphase
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    Top CD Rates Today: 6.50% for Smaller Deposits, or 6% for Larger Deposits
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    Solar Power Stocks Sink as Enphase Energy Warns About Falling Demand
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    Jamie Dimon to reduce his JPM stake in first stock sale as boss
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    NVO Stock Ended Up Being Healthy For Swing Trading Portfolios
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    Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
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    Intel Shares Pop After Foundry Revenue Quadrupled Amid Rising Demand for AI Chips
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    Stock market news today: Dow sheds over 350 points as S&P 500 enters correction territory
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September.  ( 46 min )
    Dow sheds over 360 points as S&P 500 enters correction territory
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    Bankman-Fried Says He Repeatedly Asked Alameda to Hedge the Firm’s Risks
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    The 'Magnificent 7' stocks are struggling, shedding a staggering $1.2 trillion in market value since US equities peaked in July
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    Gold Jumps Past $2,000 as Israel-Hamas Clash Raises Haven Allure
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    Ford, GM, Mercedes come clean on EV demand weakness
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    Bankman-Fried Says He Invested in Solana at 20 Cents
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    It’s More Than Just a Worldline Hangover for Payment Stocks. Here’s What’s Going On.
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    Altria Stock Selloff Lifts Dividend Yield to Nearly 10%
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    Analyst Report: Capital One Financial Corp.
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    Analyst Report: 3M Co.
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    Analyst Report: Chipotle Mexican Grill
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    UPS Is Adjusting to the New Labor Deal Math. So Is Its Stock.
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    U.S. Steel CEO notes 'serious interest from many highly credible bidders'
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    Bank of America Says Contrarian Buy Signal Could Push Stocks Higher; Here Are 2 Names the Banking Giant Likes Right Now
    Investors have had little to cheer about recently as the markets have struggled to shake off the grip of various factors pulling them down. These factors include the prospect of interest rates remaining elevated, concerns related to high yield bonds, an uptick in oil prices, and the ongoing conflict between Israel and the terrorist organization Hamas, all of which have played a role in dampening market activity. However, for investors seeking signs that the mood is about to change, Bank of Ameri  ( 36 min )
    Did You Buy I Bonds Last Year? Nov. 2 May Be Your Ideal Time to Cash Out
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    Ken Griffin, founder and CEO of hedge fund firm Citadel, is making headlines in the real estate world again. The Florida native continues to purchase homes and land in Palm Beach as he prepares to build one of the most expensive residences in the world. In 2019, Griffin made history by purchasing a New York City penthouse for $238 million — at the time the most expensive residential property transaction in the United States. Don’t Miss: You can now partially own mansions with $99. Join the ranks  ( 33 min )
    Ask an Advisor: I'm Way Behind on Retirement Savings. What Do I Do?
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    The Federal Government Will Match Your Retirement Plan Savings By 50%. Here's Who Qualifies.
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    Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?
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    Nvidia and 2 Other Chip Stocks to Buy After Intel’s Earnings Beat
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    Ask an Advisor: I'm 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance?
    When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart  ( 35 min )
    Chevron Slump Cuts $6.5 Billion From Deal for Hess Holders
    (Bloomberg) -- Chevron Corp.’s post-earnings selloff shrank the value of its all-stock offer for Hess Corp. by roughly $6.5 billion.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaUS Military Attacks Two Syrian Facilities It Says Linked to IranChina, US Release Dueling Videos With Accusations of ProvocationChevron slumped as much as 5.9% on Friday after posting a massive 66-cent pe  ( 33 min )
    USD/JPY Weekly Price Forecast – US Dollar Gives Up Early Gains for the Week
    The US dollar initially shot above the ¥150 level during the course of the week, but then gave back gains to show signs of hesitation.  ( 33 min )
    Solar Woes Deepen After Enphase Stock Plunges to Three-Year Low
    Enphase Energy (ENPH) stock tumbled, another sign of trouble in the solar business and the broader clean-energy industry. Late Thursday, Enphase, which makes solar inverters and batteries, projected revenue for the current quarter that fell well below  ( 24 min )
    Dow Jones Falls 175 Points On Key Inflation Data; Amazon Stock Surges On Earnings
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    Sam Bankman-Fried Recounts His Biggest Mistake at FTX
    FTX founder Sam Bankman-Fried testified Friday that his largest mistake was not having a dedicated risk management team and a chief risk manager at FTX. The result was no oversight for the bankrupt crypto exchange.  ( 22 min )
    Intel’s CEO Talks Foundry Strategy, Operating in Israel, and Leading a ‘Faith-Friendly’ Company
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    Roblox upgraded, Bristol Myers downgraded: Wall Street's top analyst calls
    Roblox upgraded, Bristol Myers downgraded: Wall Street's top analyst calls  ( 36 min )
    Fed's preferred inflation gauge shows biggest monthly jump since May
    "Core" PCE, which excludes the volatile food and energy categories, grew 3.7% in September from the year-earlier period, down from a revised 3.8% in August  ( 35 min )
    Amazon beats Q3 earning estimates, touts AI as the future
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Amazon beats earning estimates, touts AI as the future
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Charter Earnings Top Estimates. Why the Stock Is Dropping.
    Charter stock was dropping after revenue came in light. Disney standoff was a problem, too.  ( 19 min )
    Stock market news today: Nasdaq, S&P 500 higher as Amazon shines, inflation continues cooling
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it weighs its next interest rate decision on Nov. 1.  ( 37 min )
    U.S. consumers are ‘walking towards a cliff’ and the jobs market is beginning to ‘fray at the edges,’ warns market strategist
    Chris Watling, founder and CEO of Longview Economics, believes the U.S. economy is headed for “tough times.”  ( 33 min )
    This Mortgage REIT Sports a Giant Yield. Consider the ‘Toxic Frog’ Problem Before Jumping In.
    Mortgage REITS often have high dividends but can be vulnerable to swings in interest rates.  ( 31 min )
    Is Verizon A Buy Amid Progress In 5G Network Buildout?
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    AbbVie Stock Slips As Humira Struggles Continue, But Drugmaker Raises Outlook
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    US Core PCE Prices Jump Most in Four Months as Spending Picks Up
    (Bloomberg) -- The Federal Reserve’s preferred measure of underlying inflation accelerated to a four-month high in September and consumer spending picked up, keeping the door open to another interest-rate hike in the months ahead.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel  ( 34 min )
    Sanofi Crashes 16% As Third Quarter Comes In Light Ahead Of Spinoff
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    Stock market news today: Futures rise as Amazon shines, inflation continues cooling
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it weighs its next interest rate decision on Nov. 1.  ( 36 min )
    PCE inflation stays higher than Fed wants amid brisk consumer spending
    An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that prices rose 0.4% from August to September, the same as the previous month. September’s month-to-month price increase exceeds a pace consistent with the Fed’s 2% annual inflation target, and it compounds already higher costs for such necessities as rent, food and gas.  ( 33 min )
    Exxon Raises Dividend After Posting $9.1 Billion Profit
    Exxon Mobil raised its dividend and said it was benefiting from high refining throughput and crude oil prices. However, Wall Street fears that the oil major’s growth plan carries risks.  ( 27 min )
    T. Rowe beats profit estimates on higher fee-based income
    The upbeat results at the investment manager reflect the strong rebound in markets this year, bolstered by expectations that the Federal Reserve can engineer a soft landing — a scenario where growth slows enough to get inflation under control, without a recession. Total assets under management at the end of the quarter was $1.35 billion, up 9.5% over the year earlier. Investment advisory fees were up 1.5% at $1.46 billion in the quarter, T. Rowe said.  ( 33 min )
    Jamie Dimon to Sell JPMorgan Stock for First Time, a Very Un-Buffett Like Move
    Jamie Dimon, who has a net worth of about $2 billion, will unload about 1 million shares of JPMorgan stock.  ( 23 min )
    AbbVie’s Humira Sales Sink 36% but Guidance Lifted on Growth From Other Drugs
    AbbVie raises its earnings guidance for fiscal 2023.  ( 19 min )
    Exxon Mobil, Chevron See Third-Quarter EPS Slip More Than 40% As Companies Stress Acquisitions
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    The Dreaded Market Crash Is Already Here For 14 Stocks
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    Ford’s Cost Problem Isn’t Just About EVs
    Ford’s gas-engine business is also costing more than it should—a difference from crosstown rival General Motors that investors are ignoring at their peril.  ( 29 min )
    Amazon’s Earnings Were Stronger Than Expected. Rivian Helped.
    The impact of changes in Rivian's stock price on Amazon's earnings is getting smaller.  ( 21 min )
    AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
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    Exxon Raises Dividend After Posting $9.1 Billion Profit
    Exxon Mobil raised its dividend and said it was benefiting from high refining throughput and crude oil prices. However, Wall Street fears that the oil major’s growth plan carries risks  ( 27 min )
    U.S. Steel Beats Wall Street’s Earnings Estimates. The Stock Is Stuck.
    U.S. Steel reported third quarter Ebitda of $578 million. Wall Street was looking for $554 million.  ( 23 min )
    Columbia company to undertake reverse stock split as delisting deadline looms
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    Analyst Report: United Rentals, Inc.
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    Analyst Report: RTX Corp.
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    Analyst Report: Dow Inc
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    Analyst Report: International Business Machine
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    Analyst Report: Elevance Health Inc
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    Analyst Report: Hawaiian Holdings, Inc.
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    Analyst Report: Harley-Davidson, Inc.
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    Dimon Plans to Sell $141 Million Worth of JPMorgan Shares
    (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family intend to sell 1 million of the lender’s shares for financial diversification and tax-planning purposes.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release D  ( 33 min )
    Stock market news today: US futures rise as Amazon shines, key inflation data ahead
    The update to PCE — the Fed's preferred inflation gauge — will set expectations around whether a rate hike is coming.  ( 34 min )
    Daily Spotlight: Fed's Favorite Inflation Indicator Out Today
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    Technical Assessment: Bearish in the Intermediate-Term
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    Apple Stock Is Struggling on iPhone Gloom. Now It Faces Another Device Headache.
    Apple faces a potential import ban on certain models of its smartwatch.  ( 21 min )
    Chevron Stock Falls After Big Earnings Miss
    Chevron’s third-quarter earnings fall well short of Wall Street estimates but revenue beats expectations.  ( 23 min )
    Exxon posts $9.1 billion net, down from year-ago, up 15% from 2Q
    Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil prices recovered. Earnings at the largest U.S. oil producer have benefited from strong crude oil prices and demand for gasoline and diesel following the pandemic. Third quarter profit was $2.25 a share compared to $4.68 in the same quarter a year ago when oil and gas prices climbed following Russia's invasion of Ukraine.  ( 33 min )
    Exxon raises dividend after free cash flow soars more than expected
    (Bloomberg) -- Exxon Mobil Corp. boosted dividends more than expected and posted a surprise cash flow increase, reaping the benefits of strengthening crude prices and US oil-refining margins.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release D  ( 34 min )
    Chevron's third-quarter profit slumps, shares fall on earnings miss
    Chevron on Friday reported a fall in third-quarter profit despite higher oil prices, days after agreeing to buy smaller U.S. rival Hess Corp for $53 billion. The oil major posted a net profit of $6.5 billion, or $3.48 per share, compared to $11.2 billion or $5.78 per share, in the same period last year.  ( 32 min )
    Sam Bankman-Fried acknowledges 'mistakes' but testifies he did not defraud anyone
    Sam Bankman-Fried is expected to take the stand on Friday at his fraud trial in New York on charges of looting billions of dollars in customer funds from his now-bankrupt FTX cryptocurrency exchange. Bankman-Fried started testifying on Wednesday at an unusual hearing outside the jury's presence. U.S. District Judge Lewis Kaplan asked him to preview his testimony about the involvement of lawyers in key decisions at the heart of the case so he could decide whether it was admissible as evidence.  ( 33 min )
    Futures gain on Amazon, Intel boost; key inflation data awaited
    Intel gained 7.9% after forecasting fourth-quarter revenue and margins above estimates as the chipmaker was optimistic about a rebound in personal computer sales, improved data center business and demand for manufacturing services. Megacap tech and tech-adjacent stocks including Microsoft, Meta Platforms, Tesla and Alphabet gained between 0.7% and 2.1% as U.S. Treasury yields dropped after Thursday's weaker-than-expected U.S. inflation and disposable income data. Investor focus will be on personal consumption expenditure for September, the Federal Reserve's preferred inflation metric, at 8:30 a.m. ET for more clarity on the monetary policy outlook.  ( 33 min )
    Never Mind the 1%. Mini-Millionaires Are Where Wealth Is Growing Fastest.
    Many people in the upper middle class are now millionaires thanks to college, savings, bull markets and timing.  ( 27 min )
    Sanofi shares sink on lower profit outlook and consumer unit split
    French drugmaker says it will probably list its consumer care division  ( 6 min )
    BofA Strategist Hartnett Sees Risk of S&P 500 Dropping 5% More From Here
    (Bloomberg) -- The S&P 500 is at risk of dropping another 5% after the index fell below a key technical level this week, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingControversial Chip in Huawei Phone  ( 34 min )
    Sanofi Plans to Spin Off Consumer-Healthcare, Pharma Businesses
    The move makes Sanofi the latest drugmaker to sharpen its focus on prescription medicines by offloading adjacent businesses.  ( 29 min )
    Weight-loss drugs in spotlight as pharma services firms rush to snap up business
    Soaring demand for obesity drugs was in the spotlight at the world's largest trade show for the pharmaceutical services industry this week, as it fuels a boom for firms that fill and assemble the self-injection pens. A surge in sales of Novo Nordisk's drug Wegovy, which launched in the United States in mid-2021, has propelled the Danish drugmaker to become Europe's most valuable company. U.S. rival Eli Lilly has become the world's most valuable healthcare firm this year as demand for its diabetes drug Mounjaro surges ahead of approval for its use as a weight-loss treatment in the United States, expected by the end of this year.  ( 34 min )
    Air France-KLM’s Revenue, Profit Miss Forecasts Despite Strong Summer Demand
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    It’s Time to Stop Crying About Bonds and Buy Them Instead
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    Microsoft’s Cloud Recovery Is Outshining Rivals Amazon, Google
    (Bloomberg) -- In the race to rebound from a two-year slowdown in spending on cloud computing, Microsoft Corp. is pulling ahead of its chief rivals, Amazon.com Inc. and Google. Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fa  ( 36 min )
    Dow Jones Futures Rise As Amazon Jumps After Market Correction Intensifies
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    With Yields Above 5%, Some Investors Say It's Safe to Start Buying Bonds Again
    (Bloomberg) -- Embattled debt investors like the look of 5% Treasury yields as they weigh the risk-versus-reward scales for the world’s biggest bond market.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingControversial Chip in Huawei Phone Produced on ASML Ma  ( 34 min )
    The S&P 500 is on the verge of a technical breakdown. Here's the sell signal to watch for.
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    'Recessions always start with an economy that's been booming': An investing pioneer explains why he sees 50% chance of a downturn in 2024
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    China Selloff Threatens $27 Billion of ‘Snowball’ Derivatives
    (Bloomberg) -- Another 10% decline in a major Chinese equity gauge may trigger a wave of selling in index futures tied to structured products, adding fresh risks to the slumping stock market. Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledUPenn Fights Back Against Billionair  ( 34 min )
    The $200 billion playbook that kneecapped Big Tobacco is coming for Mark Zuckerberg and his social media offspring
    "Substitute algorithms for Joe Camel," says Fordham Law School professor Kenneth Rashbaum.  ( 37 min )
    Morgan Stanley Predicts at Least 70% Upside for These 2 High-Conviction Stocks — They Have Upcoming Catalysts and Strong Growth Prospects
    The Q3 earnings season is in full swing, and we’ve already seen the first wave of big tech results. Investors were not thrilled; Google parent Alphabet reported a slowdown in cloud revenues, and the stock market fell sharply on sentiment that Q3 earnings may not be as pretty as predicted. But the outlook is less cloudy for the coming year. In a recent note on current and coming conditions, investment bank Morgan Stanley notes that growth is expected to jump heading into next year: “For 3Q, conse  ( 37 min )
    Buffett's Berkshire is sued by Haslam family over Pilot truck stop takeover
    Warren Buffett's Berkshire Hathaway is being sued by the billionaire Haslam family, which accused the conglomerate of using improper accounting to devalue its remaining 20% stake in Pilot Travel Centers, the largest U.S. truck stop operator. The family, including Cleveland Browns football team owner Jimmy Haslam, sold Berkshire a 38.6% Pilot stake for $2.8 billion in 2017 and another 41.4% stake for $8.2 billion in January. According to a complaint made public on Thursday in Delaware Chancery Court, Berkshire has unilaterally and without consent adopted "pushdown" accounting rules that artificially reduce Pilot's earnings before interest and taxes, and "grossly" reduce how much the Haslams would receive if they sold their remaining stake.  ( 33 min )
  • Open

    S&P 500 Gains and Losses Today: Solar Stocks Plunge After Warning From Enphase
    The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 1 min )
    Solar Power Stocks Sink as Enphase Energy Warns About Falling Demand
    Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 1 min )
    Amazon Shares Soar on Earnings Beat, Pulling Nasdaq Higher
    Shares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines.  ( 1 min )
    Markets Mixed at Midday as Tech Sector Gets a Boost From Amazon
    U.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates.  ( 1 min )
    Dow Jones Today: Futures Mixed After Oil Giants Miss Earnings Estimates and Amazon Beats
    Stock futures were mixed in premarket trading Friday as tech stocks rebounded from a two-day sell-off after Amazon topped earnings estimates while oil giant's Chevron and Exxon weighed on energy.  ( 1 min )
    5 Things to Know Before Markets Open
    Chevron shares fell after the oil giant reported earnings that came in below estimates on lower commodity prices and Amazon shares surged as its web services division drove revenue higher. Here’s what investors need to know today.  ( 1 min )
  • Open

    Grow Your Financial Advisory Firm Fast with These Tips
    The best way to grow your financial advisory business quickly is to amp up the 'know,' the 'like' and the 'trust' factors.  ( 20 min )
    UN Launches Advisory Body to Boost International Cooperation on AI Governance
    The United Nations formed an advisory body to support greater international cooperation on the governance of artificial intelligence.  ( 17 min )
    Charter Loses Customers in Its Dispute With Disney and Shares Plunge
    Charter Communications' revenue missed forecasts after a fee dispute with Walt Disney that led to the temporary blackout of Disney channels on Charter's cable system.  ( 17 min )
    What Is a Wrap Account and Do You Need One?
    Wrap accounts—where brokerage account costs are "wrapped" into a single or fixed fee—are great if you wish to have a money manager take care of your assets. Charges are on a flat, quarterly, or annual basis, and cover administrative, research, advisory and management expenses.  ( 20 min )
    S&P 500 Gains and Losses Today: Solar Stocks Plunge After Warning From Enphase
    The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 17 min )
    Loan Officer: Definition, What They Do, Benefits and Compensation
    A loan officer is a representative of a bank, credit union, or other financial institution who assists borrowers in the process of applying for loans.  ( 22 min )
    Will Interest Rates Go Even Higher? Fed Meeting Wednesday Could Provide Clues
    All eyes are on the Federal Reserve’s Wednesday meeting for hints about whether interest rates on all kinds of loans will remain at their highest in decades—or if they’ll go even higher.  ( 18 min )
    Top CD Rates Today: 6.50% for Smaller Deposits, or 6% for Larger Deposits
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )
    Solar Power Stocks Sink as Enphase Energy Warns About Falling Demand
    Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 17 min )
    Intel Shares Pop After Foundry Revenue Quadrupled Amid Rising Demand for AI Chips
    Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 18 min )
    How to Give a Donor-Advised Fund (DAF) As a Gift
    When you give a donor-advised fund (DAF), you are setting your recipient up with financial resources to make a lasting charitable impact.  ( 29 min )
    Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
    Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 20 min )
    The Top 3 Chevron Shareholders
    The top shareholders of Chevron are Berkshire Hathaway/Warren Buffett, the Vanguard Group, BlackRock, Inc., and State Street Corporation.  ( 24 min )
    How Do Living Arrangements Impact SSI Benefits?
    When the federal government calculates how much SSI you will receive, they take into account your living arrangements.  ( 25 min )
    Can I Give Stock As a Gift?
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    Personal Loan vs. Mortgage
    A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren’t restricted to real estate. Here’s what you need to know about a personal loan vs. a mortgage.  ( 26 min )
    The Best CD Rates From Big-Name Banks
    If you want to open a CD, and prefer sticking to a big bank with a household name, you have a good selection of competitive rates from some of the biggest banks right now.  ( 18 min )
    What Is a Gift in Trust, How Does It Work, Pros & Cons
    A gift in trust is an indirect way to give assets to a beneficiary and avoids the tax on gifts that exceed the annual gift tax exclusion.  ( 23 min )
    Ford Shares Tumble Amid Concerns About EV Slowdown and Higher Costs Following UAW Strike
    Ford shares tumbled Friday after third-quarter earnings fell short of estimates amid concerns about costs tied to the transition to electric vehicles and the automaker's tentative agreement with the United Auto Workers union.  ( 18 min )
    Amazon Shares Soar on Earnings Beat, Pulling Nasdaq Higher
    Shares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines.  ( 17 min )
    What Is Market Sentiment? Definition, Indicator Types, and Example
    Market sentiment reflects the overall attitude or tone of investors toward a particular security or larger financial market.  ( 23 min )
    What Is EUV and How Does It Work?
    Extreme Ultraviolet Lithography is a relatively new technology that is used for printing intricate patterns unto semiconductor materials. Its extremely small wavelengths allows for finer etching of smaller features on chips.  ( 23 min )
    Will Student Loan Payment Refunds Actually Happen?
    The Supreme Court blocked the Biden-Harris administration's one-time student loan forgiveness plan. Is loan forgiveness off the table? New relief plans give a new avenue.  ( 25 min )
    How an Ether Futures ETF Works
    An ether futures ETF tracks the price of ether using derivatives contracts.  ( 28 min )
    Spot Bitcoin ETFs Explained: Everything You Need To Know
    A spot bitcoin ETF would hold actual bitcoins and track its movement for investors.  ( 25 min )
    Soft Loan: Meaning, Overview, Pros and Cons
    A soft loan is financing with no interest or a below-market rate of interest and lenient terms that is often offered to developing countries.  ( 23 min )
    Ether Futures ETF: how it works
    Ether futures ETFs enable investors to speculate on the value of the cryptocurrency through their brokerage accounts.  ( 21 min )
    Why Are My Bond ETFs Losing Money and What Should I Do?
    Bond ETFs Offer Easy, Diversified Exposure to Fixed-Income Markets, but Increasing Interest Rates Can Send Their Prices Down  ( 23 min )
    Exploring the Pros and Cons of Crypto ETFs
    An in-depth look at cryptocurrency ETFs, their market implications, and the opportunities and risks they present.  ( 22 min )
    Parlay Bet: What It Is and How It Works
    A parlay bet is common in sports betting and is made up of two or more individual wagers. Combining bets makes them harder to win but increases their payout.  ( 24 min )
    What Are Gift Taxes?
    If you're not sure what gift taxes are, read on and we'll explain.  ( 25 min )
    Inflation Drives Consumer Sentiment Lower
    University of Michigan's measure of consumer sentiment fell after two steady months on increased worries from high earners and elevated inflation expectations.  ( 17 min )
    Investopedia’s New Retirement Guide Magazine Will Help You Plan Where, How To Retire
    Investopedia’s updated special edition print Retirement Guide explores where to retire, wealth-building strategies for every age, and how to make your money last.  ( 17 min )
    How to Give Gold or Silver As a Gift
    Gold and silver are beautiful, sought-after precious metals. They can make a valuable and meaningful gift. But there are some important considerations to keep in mind.  ( 28 min )
    Chevron Shares Drop as Lower Oil Prices, Higher Costs Drag Down Earnings
    Chevron shares fell after the energy giant posted worse-than-expected earnings on lower oil prices and higher costs.  ( 17 min )
    ExxonMobil's Profit Plunges from 2022 Record on Lower Oil, Gas Price Realizations
    ExxonMobil profit fell sharply from last year's all-time high on drops in oil and natural gas price realizations.  ( 17 min )
    Markets Mixed at Midday as Tech Sector Gets a Boost From Amazon
    U.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates.  ( 16 min )
    Home Equity Loans and College Financial Aid
    A home equity loan affects your eligibility for college financial aid, depending on the assessment tool that your chosen college uses.  ( 24 min )
    Special Needs Trust vs. ABLE Account: What's the Difference?
    Both ABLE accounts and special needs trusts (SNTs) give people with disabilities a way to save money tax-free, but there are important differences.  ( 28 min )
    Consumer Spending Is Burning Through Savings As Paychecks Fail To Keep Up
    If the numbers on your receipts got bigger, and your bank account balance got smaller in September, you’re not alone, according to a monthly government report.  ( 20 min )
    30-Year Mortgage Rates Holding Below Last Week's Peak
    Although 30-year mortgage rates edged higher, the climb was slight and the 30-year average is holding its ground in a range cheaper than last week's historic peak.  ( 19 min )
    Did You Buy I Bonds Last Year? Nov. 2 May Be Your Ideal Time to Cash Out
    If you bought I bonds when they were paying 9.62% last year, it may be smart to cash out, now that I bond rates have fallen. For some, the perfect withdrawal date is Nov. 2.  ( 20 min )
    Investopedia’s 2023 Personal Loan Borrower Survey
    We surveyed 962 existing and potential personal loan borrowers, and more people said they sought a personal loan for debt consolidation than for any other purpose.  ( 20 min )
    How to Give Stocks as a Holiday Gift
    The best gifts are usually those that not only offer lasting value but have the potential to appreciate in value for years to come. On that basis, stocks are pretty hard to beat.  ( 28 min )
    How to Evaluate Your 401(k) Options
    Not all 401(k) funds are created equal. In this guide, we’ll explain how to compare them.  ( 24 min )
    Form W-4: What It Is and How to File
    Form W-4 determines how much tax your employer will withhold from your paycheck, so ensure it is filled out correctly.  ( 26 min )
    What Is a W-9 Form? Who Can File and How to Fill It Out
    Form W-9 is an Internal Revenue Service form which is used to confirm a person's taxpayer identification number (TIN).  ( 34 min )
    Premium Tax Credit: What it Means, How it Works
    See whether you qualify for a refundable tax credit to help pay for health insurance premiums—and what you need to do to obtain it.  ( 28 min )
    How to Help Your Child Buy a Home
    Helping your child to buy a home⁠⁠ has upsides and downsides to keep in mind. Learn about the best ways to help your child own own a home and how to avoid mistakes.  ( 29 min )
    Home Equity Loan Prepayment Penalties
    Some home equity loans have fees for early repayment. In this guide, we'll explain what that means for you.  ( 23 min )
    Social Security Explained: How It Works, Types of Benefits
    Social Security provides benefits to retirees, survivors, and disabled workers. How much you receive depends on your age and income. Learn how Social Security works.  ( 30 min )
    What Is an S Corp?
    An S corp meets IRS rules to be taxed under Chapter 1, Subchapter S of the Internal Revenue Code. Learn if an S corp is better than an LLC and more.  ( 29 min )
    5 Things to Know Before Markets Open
    Chevron shares fell after the oil giant reported earnings that came in below estimates on lower commodity prices and Amazon shares surged as its web services division drove revenue higher. Here’s what investors need to know today.  ( 18 min )
    International COVID-19 Economic Stimulus and Relief
    From stimulus checks to quantitative easing, here’s what governments and central banks are doing around the world to provide stimulus and relief.  ( 90 min )
    A Look at One of the Largest Sustainable Investing ETFs
    Investors seeking a virtuous approach should consider a socially responsible exchange-traded fund (ETFs).  ( 22 min )
    CDs vs. ETFs: What's the Difference?
    Should you invest in a certificate of deposit or an exchange-traded fund? In this guide, we'll take you through both options.  ( 25 min )
  • Open

    Intel Shares Pop After Foundry Revenue Quadrupled Amid Rising Demand for AI Chips
    Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 1 min )
    Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
    Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 1 min )
    ExxonMobil's Profit Plunges from 2022 Record on Lower Oil, Gas Price Realizations
    ExxonMobil profit fell sharply from last year's all-time high on drops in oil and natural gas price realizations.  ( 1 min )
  • Open

    Minimumloon in Caribisch Nederland gaat met minstens 300 dollar omhoog
    Het kabinet verhoogt het minimumloon en de uitkeringen op Bonaire, Sint-Eustatius en Saba. Vooral voor Bonaire is dat goed nieuws. Daar is het minimumloon nu 1.236 Amerikaanse dollar (1.169 euro). Het nieuwe minimumloon wordt 1.750 dollar (1.654 euro).  ( 10 min )
    NU+ | Lezers over thuiswerken: 'Praatjes interesseren mij niet'
    Ook nu de coronapandemie voorbij is, werken veel Nederlanders nog regelmatig vanuit huis. Ongeveer een derde van de werkenden werkt gemiddeld zo’n 6,8 uur per week thuis. Op ons discussieplatform NUjij deelden veel lezers hun ervaringen.  ( 10 min )
    NS zet vijf nieuwe statiegeldautomaten neer op stations waar al één staat
    De NS plaatst meer statiegeldautomaten op de vijf treinstations waar al inleverautomaten staan. Op dit moment staan er twaalf van zulke automaten op de centrale stations van de vier grote steden en Eindhoven Centraal. Dat worden er zeventien.  ( 9 min )
    Gevallen cryptokoning Bankman-Fried geeft fouten toe, maar ontkent fraude
    Sam Bankman-Fried, de van fraude verdachte oprichter van de failliete cryptobeurs FTX, heeft voor het eerst zijn verhaal gedaan. Hij probeerde de rechter ervan te overtuigen dat advocaten nauw betrokken waren bij de beslissingen die hebben geleid tot de ondergang van FTX.  ( 9 min )
    MediaMarkt wil acht winkels overnemen van failliet BCC
    Een deel van de failliete elektronicaketen BCC komt waarschijnlijk in handen van MediaMarkt. Het concern wil acht van de in totaal bijna zestig BCC-winkels overnemen, meldt toezichthouder ACM.  ( 8 min )
    Bestelbusjes flink in trek: verkoop met ruim 20 procent toegenomen
    De verkoop van nieuwe bestelbusjes is flink aangetrokken. De afgelopen negen maanden zijn er in Nederland bijna 54.000 exemplaren verkocht, ruim 20 procent meer dan een jaar eerder.  ( 9 min )
    Indonesisch vliegtuig maakt eerste passagiersvlucht op kerosine met palmolie
    Een Indonesisch passagiersvliegtuig heeft vrijdag voor het eerst op een brandstofmengsel van kerosine en palmolie gevlogen. Indonesië is de grootste palmolieproducent ter wereld en wil fossiele brandstoffen vaker gaan vervangen door biobrandstof.  ( 8 min )
    Pink tax lijkt achterhaald: mannen zijn regelmatig duurder uit bij de drogist
    Veel op vrouwen gerichte producten zouden duurder zijn dan vergelijkbare artikelen voor mannen, is de overtuiging bij het fenomeen pink tax. Zo wordt algemeen aangenomen dat vrouwen meer betalen voor scheermesjes, scheergels en doucheproducten dan mannen. Maar geregeld is juist het omgekeerde het geval.  ( 11 min )
    Noodlijdende supermarkt Pieter Pot vraagt klanten deel van het bedrijf te kopen
    De verpakkingsvrije online supermarkt Pieter Pot doet een nieuwe poging om zijn geldproblemen op te lossen. Klanten kunnen een deel van het bedrijf kopen. De super hoopt daarmee 3 miljoen euro op te halen.  ( 10 min )
    Succesvolle zomer levert Air France-KLM recordwinst op in derde kwartaal
    Air France-KLM heeft afgelopen zomer zijn beste kwartaal ooit beleefd. De vraag naar vliegtickets was groot en de vliegtuigen zaten voller. Dat leverde het bedrijf een operationele winst van 1,3 miljard euro op.  ( 10 min )
    Tesla stopt met prijsstunten in China en schroeft de prijzen weer op
    Tesla heeft de recente prijsverlaging in China weer teruggedraaid. De Amerikaanse elektrische autofabrikant, die een grote fabriek heeft in Shanghai, verhoogde de prijs van zijn Model Y Performance SUV met ongeveer 2.000 dollar (zo'n 1.900 euro). De prijsverlaging van augustus werd daarmee weer ongedaan gemaakt.  ( 3 min )
    Pink tax lijkt achterhaald: ook mannen zijn weleens duurder uit bij de drogist
    Veel op vrouwen gerichte producten zouden duurder zijn dan vergelijkbare artikelen voor mannen, is de overtuiging bij het fenomeen pink tax. Zo wordt algemeen aangenomen dat vrouwen meer betalen voor scheermesjes, scheergels en doucheproducten dan mannen. Maar geregeld is juist het omgekeerde het geval.  ( 11 min )

  • Open

    Enphase Tumbles on Revenue Drop Amid ‘Substantial’ Demand Hit
    (Bloomberg) -- Shares of solar equipment-maker Enphase Energy Inc. slumped after the company reported lower revenue amid a “substantial” drop in US and European demand that will likely last into next year.Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Mo  ( 33 min )
    Intel Jumps After Upbeat Forecast Shows Comeback Is Underway
    (Bloomberg) -- Intel Corp. surged in late trading after predicting a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: Rocket Hits Egyptian Town; Oct. 7 Planner KilledControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4  ( 35 min )
    Amazon beats earning estimates, touts AI as the future of its financials
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Amazon beats earning estimates, touts AI as the future of the cloud
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Ron DeSantis Called Out For Florida's Severe Insurance Crisis As Rates Triple The National Average: 'Floridians Are Getting Absolutely Crushed'
    Floridians are grappling with a severe insurance crisis exacerbated by policy decisions from the DeSantis administration, according to a recent report from the American Federation of Teachers (AFT). The union, which advocates for fairness, democracy and quality public education, found that homeowner insurance rates in the Sunshine State are nearly triple the national average. "Floridians are getting absolutely crushed by insurance rate hikes," an industry analyst said, pointing to an urgent need  ( 33 min )
    Berkshire Sued for Changing Accounting Rules in $10 Billion Pilot Acquisition
    (Bloomberg) -- Warren Buffett’s Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit. Most Read from BloombergQQQ Rally Wanes as Amazon Whipsaws After Earnings: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Isra  ( 34 min )
    Top CD Rates Today: It's Easy to Earn 5.75%, 6%, or Even 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    Chipotle beats earnings as price hikes help offset higher food costs
    The fast casual chain is well liked among Wall Street.  ( 34 min )
    Enphase Stock Plunges as Guidance Points to More Trouble for Solar Power
    Enphase Energy predicted fourth-quarter sales of $300 million to $350 million, while analysts had expected $579 million.  ( 20 min )
    Vale Unveils $4 Billion in Dividends, Buyback Program to Reward Investors
    (Bloomberg) -- Vale SA said it will reward investors with payouts and a new share buyback program as the Brazilian iron ore and nickel giant vies to appease shareholders concerned by softening Chinese demand.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingCo  ( 34 min )
    Amazon earnings beat estimates on sales but miss target for cloud
    Amazon reported its Q3 earnings after the bell. Here's how the ecommerce giant fared.  ( 34 min )
    IBM Stock Rises As 'Solid Print' Evades Tech Earnings Gloom
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    Dexcom Surges 15% After Shrugging Off Weight-Loss Woes In Boosted Outlook
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    Binance Founder CZ Loses $12 Billion on Crypto-Trading Slump
    (Bloomberg) -- Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineS&P 500 Falls to Lowest Since May as Tech Gets Hit: Markets WrapUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Apple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOThe Bloomberg Billionaires Index  ( 33 min )
    Amazon earnings: Beats estimates on sales, but misses target for cloud
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 33 min )
    Exxon Is Pumping More and More Oil. Why Investors Are So Wary.
    Profits a year ago befitted from high prices due to the war in Ukraine.  ( 24 min )
    Intel Reports Strong Earnings. The Stock is Rising.
    Intel reported revenue of $14.2 billion, ahead of Wall Street's $13.6 billion estimate.  ( 21 min )
    Warren Buffett dumped a bunch of bank stocks before their epic tumble this year, escaping some major pain
    Warren Buffett's Berkshire Hathaway sold its stakes in Wells Fargo, Goldman Sachs, and other banks before their stocks slumped this year.  ( 34 min )
    Intel beats expectations as margins rise, manufacturing momentum builds
    Intel forecast fourth-quarter revenue above Wall Street estimates on Thursday, optimistic of a healthy rebound in client orders for its chips after a several-quarters-long inventory buildup in the PC market eased. The company forecast adjusted current-quarter revenue in the range of about $14.6 billion to $15.6 billion, compared with an estimate of $14.35 billion, according to LSEG data.  ( 31 min )
    How Low Can It Go? Getting to the Bottom of the Nasdaq Selloff
    (Bloomberg) -- Momentum has turned in tech stocks and investors awakening from dreams of artificial-intelligence nirvana are back to a less grandiose concern: When will the selling stop?Most Read from BloombergQQQ Rally Wanes as Amazon Whipsaws After Earnings: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Morgan Stanley After  ( 36 min )
    Arista Networks Tumbles On Meta Capital Spending Outlook
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    Nasdaq leads stock slide as Big Tech comes under pressure
    Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 46 min )
    Dow Jones Dips As Magnificent 7 Get Hit; Meta Stock Plunges On This Israel-Hamas Warning
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    Former FTX Lawyer Set Up Bank Account for Customer Funds, SBF Says
    FTX founder Sam Bankman-Fried testified that former chief regulatory officer, Daniel Friedberg, was responsible for setting up the bank account that routed FTX customer deposits to sister hedge fund Alameda Research. Friedberg worked with law firm Fenwick & West to draft the incorporation documents  ( 22 min )
    Why the Stock Market Is Dropping and How It Could Bounce Back
    Disappointment over tech earnings, high bond yields, and concern about the outlook for the price of oil are all hitting stocks.  ( 25 min )
    Altria Volumes Taking a Hit From Illegal E-Cigarettes
    Altria is seeing illegal electronic vaping devices smoke out part of its customer base. CFO Sal Mancuso says on a call with analysts that cigarette industry volumes were down even more than usual in the third-quarter. Part of that was because of inflation and economic factors weighing on customers,  ( 16 min )
    Siemens Energy Stock Plummets on Wind Power Worries. What GE Investors Need to Know.
    Siemens Energy stock plunged on concerns about its wind business, Siemens Gamesa. GE stock was largely unaffected, but investors should keep an eye on developments at GE’s wind power peer.  ( 27 min )
    Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
    The Biden Administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.  ( 34 min )
    With mortgage rates soaring, taking over existing mortgages is gaining steam
    Mortgage rates have been steadily climbing to highs not seen in over 20 years, and now a trend from the 1980s as reemerged. More buyers are seeking assumable loans.  ( 33 min )
    S&P 500 Teeters on Brink of Correction as Technicals Break Down
    (Bloomberg) -- The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering near a correction after breaching 4,200 for the first time since May — a key technical level that may point to a longer-term selloff.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021S&P 500 Declines 1% as US St  ( 35 min )
    3 REITs That Have Crushed A Two-Year REIT Bear Market
    Over the past 22 months, real estate investment trusts (REITs) have been decimated as high inflation, Federal Reserve interest rate hikes, declines in tenant occupancy, war and the threat of a hard-landing recession have impacted these stocks significantly. The peak for REITs was on Dec. 31, 2021. The Vanguard Real Estate Index Fund ETF (NYSE:VNQ), which tracks the performance of the MSCI US REIT Index, touched a high of $109.09 that day, but it's been downhill ever since. Its total return, incl  ( 35 min )
    Boomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except Millennials’
    "Most Boomers locked in low mortgage rates,” the bank said. “The only group that took out mortgage debt meaningfully since 2021 is Millennials, seeing a 20% jump.”  ( 35 min )
    Analyst Report: Mastercard Incorporated
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    Analyst Report: Interpublic Grp Of Cos., Inc
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    Market Update: IPG, RCL, MA
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    Stock market news today: Nasdaq leads stock slide as Big Tech comes under pressure
    Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 44 min )
    Amazon and the Other 6 Big Tech Stocks Are Falling Today. That Happens More Often Than You Think.
    Apple. Microsoft, Nvidia, Tesla, Meta, Alphabet, and Amazon are all sliding Thursday.  ( 19 min )
    What We Learned From FTX Testimonies: Caroline Ellison, Nishad Singh and Gary Wang
    More than a dozen witnesses have taken the stand to testify against Sam Bankman-Fried over the past three weeks. One by one, they have built on each others’ testimony, painting to the jury a picture of a crypto executive who lied to lenders and investors, doctored balance sheets and spent billions i  ( 25 min )
    The UAW-Ford Deal: What’s in the Contract, Who Won and What It Means for GM and Stellantis
    The agreement gives workers a 25% raise over the course of the contract and puts pressure on its Detroit rivals.  ( 30 min )
    Warren Buffett's company joins oil-buying frenzy this week by resuming its Occidental Petroleum buys
    Investor Warren Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway's purchases of Occidental Petroleum stock for the first time in four months. Buffett's company said in a Securities and Exchange Commission filing late Wednesday that it invested more than $246 million to add to its already massive Occidental stake over the first three days of this week. Berkshire bought nearly 4 million more shares of the Houston-based oil producer to give it more than 228 million shares and control of nearly 26% of Occidental.  ( 34 min )
    Vauxhall-owner strikes £1.3bn deal to ‘benefit from Chinese offensive’
    Mercedes has said electric car makers face a “brutal” market as competitors slash their prices and wealthy customers tighten their belts.  ( 32 min )
    Can I Protect My Parents' Assets From Nursing Homes?
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    Why Do I Keep Getting Denied a Loan Even Though I'm High-Net Worth?
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    Ask an Advisor: I'm 77 and Still Working. Is it True That I Don't Have to Take RMDs?
    I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
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    Ubisoft confirms guidance after Q2 revenue beat, headcount drops
    French video game producer Ubisoft confirmed on Thursday its guidance for the current financial year, as the company expressed confidence in its line-up after it beat its net booking estimate for the second quarter. Ubisoft, which has been dogged by game cancellations and delays, reiterated its forecast of a full-year non-IFRS operating income around 400 million euros, without releasing the other large game it had initially planned to launch during the last quarter of the current fiscal year.  ( 33 min )
    PayPal, Square Stocks Face a Moment of Reckoning After Worldline Panic
    PayPal and Block's stock reaction after a macroeconomic warning from France's Worldine shows how fear has gripped the payments sector.  ( 31 min )
    Comcast stock drops after company reports surprise loss in broadband subscribers
    Comcast reported a surprise loss of broadband subscribers in the third quarter — despite reporting a beat on both the top and bottom lines. The report sent its stock plunging.  ( 34 min )
    Amazon’s Earnings Are Coming Today. Here’s What to Expect
    Amazon.com shares edged lower ahead of the e-commerce giant’s quarterly results, set for release after the close. Amazon will be the latest of the “Magnificent Seven”—the Big Tech firms that have driven  ( 24 min )
    Amazon earnings preview: Cloud growth under watch
    The ecommerce giant will be under pressure to show numbers in its cloud business.  ( 34 min )
    Amazon earnings preview: Cloud growth in the crosshairs
    The e-commerce giant will be under pressure to show numbers in its cloud business.  ( 34 min )
    Microsoft upgraded, F5 Networks downgraded: Wall Street's top analyst calls
    Microsoft upgraded, F5 Networks downgraded: Wall Street's top analyst calls  ( 35 min )
    Mastercard Tops Estimates as International Travel Spending Rises. Why the Stock Is Falling.
    No content preview  ( 15 min )
    Hertz Misses Profit Estimate as Tesla Price Cuts Hit Fleet Value
    (Bloomberg) -- Hertz Global Holdings Inc. earnings missed estimates amid headwinds from Tesla Inc. price cuts and the high price of repairs for electric vehicles.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOTrump Ally Mike Johnson Elected House Speaker, S  ( 34 min )
    Comcast Earnings Beat Estimates. Why the Stock Is Dropping.
    Comcast’s theme-park division did fine, but the company lost broadband customers.  ( 16 min )
    Invisalign Maker Align Technology Stock Plunges 23% On Third-Quarter Miss
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    Daily Spotlight: Full Speed Ahead for U.S. GDP
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    Berkshire Hathaway Buys More Occidental Stock. It Now Holds a 25.8% Stake.
    Berkshire Hathaway bought 3.9 million shares of the petroleum company earlier in the week, bringing the total value of its stake to $14.5 billion.  ( 16 min )
    Dow Jones Futures Slide After GDP, Jobless Claims; Meta Dives On Earnings
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    Chevron's mega oil deal more expensive than Exxon's
    Exxon Mobil's $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron's $53 billion agreement to buy Hess, but it is Chevron that is paying a loftier price tag. Pioneer generates twice as much annual cash as Hess, but the all-stock transactions value Pioneer at just 6.35 times its 12-month cash flow compared with 11.65 times for Hess.  ( 33 min )
    Stock market news today: Nasdaq, S&P 500 sink with earnings in driver's seat
    Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 36 min )
    The economy surged 4.9% in the third quarter. But is a recession still looming?
    The economy grew 4.9% in the third quarter despite high interest rates, inflation as consumer spending surged. Some economists still predict recession  ( 35 min )
    PayPal, Square Stocks Face a Moment of Reckoning After Worldline Panic
    PayPal and Block's stock reaction after a macroeconomic warning from France's Worldine shows how fear has gripped the payments sector.  ( 26 min )
    Clean-Energy Sector Suffers New Stock Crash: German Giant Siemens Energy
    Shares in Siemens Energy crashed to record lows after the energy-technology giant said it was talking to the German government and banks about guarantees to back long-term projects. The stock fell as much as 39% in Frankfurt, hitting the lowest levels since it was spun off as a public company in 20  ( 23 min )
    Ford Earnings Are Coming. What the UAW Deal Means for Its Stock.
    Ford stock will react not just to the earnings, but to what the company says about the impact of a potentail deal with its striking auto workers.  ( 19 min )
    Nvidia, Amazon: Stock Splits, Reverse Splits Can Have Consequences
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    Marlboro maker cuts profit forecast as smokers swap to cheaper brands
    The Marlboro maker has been hiking prices of its traditional products to offset volume declines as many consumers, wary of health risks, opt for new options like vapes or oral nicotine. But price increases have caused Altria to lose further ground to cheaper cigarettes such as USA Gold, as inflation-weary consumers try to conserve cash. Marlboro's retail share of the total cigarette category decreased by 0.3 share points compared to a year ago, the company said.  ( 33 min )
    Bristol Myers Revenue Declines but Beats Expectations as Revlimid Sales Drop
    Bristol Myers reports third-quarter earnings of $2 a share on revenue of $10.97 billion.  ( 15 min )
    Exclusive-ConocoPhillips weighs CrownRock bid to challenge rivals
    ConocoPhillips is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the sector picks up pace. Houston-based Conoco, the largest U.S. oil and gas producer after Exxon Mobil Corp and Chevron Corp, has expressed interest in participating in the sale process for privately held CrownRock, which is valued between $10 billion and $15 billion, the sources said. CrownRock's investment bankers have asked interested parties to submit initial offers next week, two of the sources added.  ( 33 min )
    My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60?
    With $1 million in a 401(k) and no mortgage on a $500,000 home, retirement at 60 may, in fact, be possible. However, retiring before eligibility for Social Security and Medicare mean relying more on savings. So deciding to retire at 60 calls for careful planning around healthcare, taxes and more. At any age, deciding whether […] The post My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Altria Narrows Full-Year Guidance. The Stock Slips.
    Altria, the maker of Marlboro cigarettes posts third-quarter adjusted earnings of $1.28 a share, 1 cent short of Wall Street’s expectations.  ( 13 min )
    Stock market news today: Nasdaq futures sink with earnings in driver's seat
    Earnings are in the driving seat for stocks, as investors weigh disappointing reports from Big Techs.  ( 34 min )
    Comcast beats revenue estimates amid streaming growth, broadband decline
    Comcast on Thursday posted quarterly revenue that topped Wall Street estimates, bolstered by strong performance in streaming and theme parks, but also reported a surprise loss in broadband customers. Comcast lost 18,000 broadband customers in the quarter, as it faces more competition from wireless carriers such as Verizon and T-Mobile, which offer broadband. In its third set of results under a new reporting structure that includes NBCUniversal in the content and experiences segment, Comcast reported a .8% increase in revenue in the unit to $10.56 billion in the quarter.  ( 33 min )
    Bristol Myers says it needs another year to hit target for new drugs
    Drugmaker Bristol Myers Squibb on Thursday pushed back by a year the time frame for its current new-product portfolio to hit $10 billion in sales as the ramp-up of new drugs including anemia treatment Reblozyl, psoriasis drug Sotyktu, and multiple sclerosis drug Zeposia takes longer than expected. "The long-term potential of these brands remains the same," BMS Chief Financial Officer David Elkins said in an interview, noting that the drugs are on pace to hit around $3.5 billion in sales this year. Bristol Myers reported that it earned $4.1 billion, or $2 per share, in the third quarter, down from $4.3 billion, or $1.99 a share, a year earlier.  ( 33 min )
    Royal Caribbean raises annual profit forecast on steady demand
    Royal Caribbean Group raised its full-year profit forecast on Thursday, backed by higher ticket prices as well as steady demand from affluent customers for leisure travel. Shares of Miami, Florida-based company were up 4.3% at $86.35 in premarket trading. After months of being hindered by pandemic-related restrictions, cruise operators are now reaping the rewards as travelers gravitate to cruises that offer a range of fun activities under one roof and are cheaper compared to taking a land-based holiday such as that to a theme park This has given Royal Caribbean and its competitors the ability to further hike up itinerary prices , especially in North America and Europe, as occupancy levels no...  ( 33 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Roper Technologies Inc
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    Analyst Report: Verizon Communications Inc
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    Analyst Report: Illinois Tool Works, Inc.
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    Analyst Report: Moody`s Corp.
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    Analyst Report: Old Dominion Freight Line, Inc
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    Northrop Grumman lifts 2023 revenue outlook on weapons demand
    U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after reporting a jump in third-quarter revenue and profit helped by strong weapons demand. The tense geopolitical landscape has created a strong global appetite for U.S. weaponry, with nations actively engaged in negotiations and striking deals to acquire arms and looking to speed up ongoing contracts. Increased defense spending by the U.S. and its allies benefited Northrop's topline.  ( 33 min )
    Southwest Airlines profit falls on soaring labor and fuel costs
    Last month, Southwest Airlines raised concerns about rising fuel costs and weaker leisure bookings in August, citing seasonality trends. The company's total expenses rose 10% to $6.41 billion in the quarter, partly attributable to higher labor rates for all employee workgroups, according to Southwest. "As we move into 2024, we are slowing our available seat miles growth rate to absorb current capacity ... and optimize schedules to current travel patterns," Southwest Airlines CEO Bob Jordan said on Thursday.  ( 33 min )
    Market Digest: NVS, ITW, MCO, ODFL, ROP, VZ
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    Daily – Vickers Top Buyers & Sellers for 10/26/2023
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    Daily – Vickers Top Insider Picks for 10/26/2023
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    UPS Shares Fall After Package-Delivery Giant Cuts Sales Outlook
    United Parcel Service (UPS) cut its sales outlook after revenue slipped in the third quarter because of a slowdown in global demand for shipping. Its stock dropped 3.5% to under $142 in premarket trading. Shares were already down more than 15% this  ( 23 min )
    Bitcoin’s Big Break
    Bitcoin might continue upward in the near future amid seemingly strong demand and activity.  ( 33 min )
    UPS cuts annual revenue forecast on weak delivery demand
    No content preview  ( 32 min )
    Big tech earnings drove a stock market rally. They won't be enough this time
    Mixed results from big tech companies like Microsoft, Alphabet and Meta won't be enough to pull stocks out of their yield-driven rut.  ( 35 min )
    Siemens Energy Shares Plunge on Warning of Worse-Than-Expected Loss at Wind Division
    Siemens Energy shares lost almost a third of their value after the company said losses at its wind-turbine business in fiscal 2024 would be worse than current market expectations, as it works through quality issues and ramp-up challenges in offshore.  ( 26 min )
    Small-cap stocks just reversed one of the biggest pandemic-era trades: Morning Brief
    Small-cap stocks closed near a three-year low on Wednesday, reversing all the gains realized after President Biden's election win.  ( 35 min )
    Wall Street’s Best Analyst Bets on These 3 Energy Stocks — Here’s Why You Might Want to Follow His Lead
    Sifting through the flood of data generated by the stock markets is a daunting task – but Wall Street’s professional stock analysts are up to it. They’ve made careers, and reputations, by finding the golden nuggets in the data stream, the stocks that are ready for gains and are showing solid returns. The Street’s best analysts, who have compiled enviable records of success in recommending stocks to buy or avoid, bring analytical minds and deep experience to their calls – and investors would be w  ( 37 min )
    Stock market today: World shares slide after Wall St rout driven by high yields, mixed earnings
    Shares skidded Thursday in Europe and Asia after Wall Street tumbled as bond yields tightened their chokehold. The gap between the minus 0.1% Japanese benchmark rate and much higher rates in the U.S. and elsewhere has driven the dollar's value sharply higher against the yen.  ( 35 min )
    Amazon Reports Earnings Today. Wall Street Expects an AWS Bounce.
    Amazon.com reported earnings after the close on Thursday. Wall Street sees Amazon Web Services revenue improving 12.9% in the quarter to $23.2 billion.  ( 19 min )
    Mercedes-Benz 3Q Net Profit, Revenue Drop on Lower Demand, Currency Effects
    Mercedes-Benz reported a 7% drop in third-quarter underlying earnings and weaker revenue, as lower passenger car sales and increased tech investments weighed.  ( 26 min )
    Xi Jinping Is Looking for Someone to Blame for China’s Property Bust
    On the prowl for villains, Beijing expands real-estate probe to financial institutions.  ( 30 min )
    Berkshire Adds to Stake in Occidental, Now Holds Over 25%
    Berkshire bought 3.9 million shares of the petroleum company earlier in the week, bringing the total value of its stake to $14.5 billion.  ( 15 min )
    Ford Agrees to 25% Wage Hike in Tentative Deal to End UAW Strike
    (Bloomberg) -- The United Auto Workers reached a tentative labor agreement with Ford Motor Co., people familiar with the negotiations said. The breakthrough puts pressure on the carmaker’s two chief rivals — which are set to meet with the union Thursday — to reach deals and end a protracted strike that has cost the industry billions of dollars.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Signal  ( 34 min )
    The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.
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    ‘Stay Cautious,’ Says Billionaire Leon Cooperman About the Stock Market — Here Are 2 High-Yield Dividend Stocks He’s Using for Protection
    For most of this year, investor sentiment was high, and the markets were on an upward tear. But that sputtered to a halt at the end of the summer, and this fall has seen a pullback in the main indexes. We’re still up for the year-to-date, but not by as much as we were in July. At this writing, the S&P 500’s year-to-date gain is 9%, and the NASDAQ’s is 22%. It is most accurate to say that current conditions are volatile and unsettled. Both the bulls and bears can find plenty of evidence and prece  ( 37 min )
    UAW Strike: Ford, Union Reach Tentative Labor Deal
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    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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  • Open

    Intel Beats Q3 Estimates On Expense Controls, Delivers Optimistic Outlook
    Intel's earnings fell but came in well ahead of expectations, which the company attributed to strong operating leverage and expense discipline.  ( 1 min )
    AWS Strength, Growing Ad Revenue and Prime Day Sales Bolster Amazon's Q3 Results
    Amazon's profit more than tripled, outpacing analysts' estimates, as a burgeoning ad sales business grew 26%.  ( 1 min )
    Stellantis Plans to Invest $1.6B in EV Startup Leapmotor to Expand Presence in China
    Stellantis said it would invest $1.6 billion in China's Leapmotor to raise its presence in the world's largest electric vehicle market.  ( 1 min )
    UAW Strike Could Threaten Ford, GM, and Stellantis' Already-Tough Transition to EVs
    The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA), threatens to complicate the Big Three automakers' already-difficult transition to electric vehicles (EVs).  ( 1 min )
    Xpeng To Roll Out Driver-Assist Tech in Europe, Expand in China
    Chinese EV maker Xpeng plans to launch its Navigation Guided Pilot in the EU by the end of 2024, and expand the service to 50 cities in China.  ( 1 min )
    UAW, Ford Reach a Tentative Agreement
    United Auto Workers (UAW) announced that it has reached a "tentative agreement" with automaker Ford Motor Co. (F), potentially bringing an end to a six-week strike action if it is ratified.  ( 1 min )
    Morgan Stanley Names Edward Pick As CEO James Gorman's Successor
    Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman, who held the position since 2010.  ( 1 min )
  • Open

    Intel Beats Q3 Estimates, Citing Expense Controls; Company Delivers Optimistic Outlook
    Intel's earnings fell but came in well ahead of expectations, which the company attributed to strong operating leverage and expense discipline.  ( 18 min )
    Top CD Rates Today: It's Easy to Earn 5.75%, 6%, or Even 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )
    Gross Profit: What It Is & How to Calculate It
    Gross profit is the profit a company makes after deducting the costs of making and selling its products or the costs of its services.  ( 27 min )
    Bitcoin vs. Ethereum: What’s the Difference?
    Comparing Bitcoin vs. Ethereum shows that ether's surging popularity has made it a potent competitor token to bitcoin, even with less market cap and volume.  ( 24 min )
    AWS Strength, Growing Ad Revenue and Prime Day Sales Bolster Amazon's Q3 Results
    Amazon's profit more than tripled, outpacing analysts' estimates, as a burgeoning ad sales business grew 26%.  ( 17 min )
    UAW Strike Could Threaten Ford, GM, and Stellantis' Already-Tough Transition to EVs
    The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA), threatens to complicate the Big Three automakers' already-difficult transition to electric vehicles (EVs).  ( 19 min )
    What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?
    A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.  ( 25 min )
    S&P 500 Gains and Losses Today: Toymaker Stocks Sink After Holiday Sales Warnings
    The S&P 500 fell 1.2% on Thursday, Oct. 26, 2023, following weak corporate earnings and warnings from companies about full-year sales.  ( 16 min )
    Stellantis Plans to Invest $1.6B in EV Startup Leapmotor to Expand Presence in China
    Stellantis said it would invest $1.6 billion in China's Leapmotor to raise its presence in the world's largest electric vehicle market.  ( 17 min )
    Loan Officer vs. Mortgage Broker
    Loan officers and mortgage brokers can help secure a home loan, but there are differences.  ( 22 min )
    Bristol Myers Squibb Revenue Falls on Generic Competition for Key Drug
    Revenue at Bristol Myers Squibb declined as competition from generics captured some of the sales of its popular blood cancer drug, Revlimid.  ( 17 min )
    Credit Builder Loans vs. Personal Loans
    Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 26 min )
    Nonce: What It Means and How It's Used in Blockchain
    Nonce means a number added to a hashed, or encrypted, block in blockchain that, when rehashed, meets prescribed difficulty-level restrictions, underpinning security.  ( 23 min )
    Americans Expected to Spend More Than $12 Billion on Halloween This Year
    Be prepared to spend more on your Halloween costume this year, as inflation is making your favorite Halloween staples more expensive, according to an analysis of data from the National Retail Federation by Investopedia.  ( 18 min )
    What Are the Residency Rules for Reverse Mortgages?
    You must live in a house to have a reverse mortgage on it. In this guide, we’ll explain the rules.  ( 25 min )
    Why Is There a Cap on the FICA Tax?
    Find out the history behind the controversial FICA cap on wages.  ( 24 min )
    Merck's Profit Beats Estimates on Sales of Its Cancer, COVID-19 Drugs and HPV Shot
    Merck's profit and revenue beat estimates as sales of its drugs for cancer and COVID-19, along with its HPV shot, were higher than expected.  ( 17 min )
    Substantial Gainful Activity (SGA): What It Is, How It Works
    Substantial gainful activity (SGA) marks the salary threshold used by the Social Security Administration to determine eligibility for disability benefits.  ( 23 min )
    Xpeng To Roll Out Driver-Assist Tech in Europe, Expand in China
    Chinese EV maker Xpeng plans to launch its Navigation Guided Pilot in the EU by the end of 2024, and expand the service to 50 cities in China.  ( 17 min )
    Meta Shares Tumble After Executives Highlight a Volatile Macro Environment
    Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and geopolitical uncertainty, including the outbreak of conflict in the Middle East.  ( 18 min )
    How Inflation Affects Your Cost of Living
    They measure different things but inflation and cost of living are inextricably linked. Here's how they interact.  ( 27 min )
    New Labor Rule Boosts Union Ability To Organize Contractors and Franchise Workers
    The National Labor Relations Board issued a rule Thursday that expands the definition of “joint employer,” making it more likely that a company will be legally considered the employer of people that work for them through contractors, staffing agencies, franchises, or other arrangements.  ( 18 min )
    Benefits for People With Disabilities and Their Parents
    If you are caring for a disabled child, you have a wide range of federal and state benefits available to you.  ( 26 min )
    The Regulations That Govern Banking in India
    Through these regulations, the Reserve Bank of India steers India's banking sector away from risk and toward its goals for India's economy and society.  ( 25 min )
    How to Inherit a CD
    You can inherit a certificate of deposit (CD) in several ways. In this guide, we'll explain how.  ( 23 min )
    Pros and Cons of Investing in NFTs
    Thinking about investing in nonfungible tokens (NFTs)? Learn more about owning these tokenized assets before you make any NFT purchasing or selling decisions.  ( 21 min )
    Markets Fall at Midday After Weak Corporate Earnings and Warnings
    U.S. equities dropped at midday on Thursday, Oct. 26, 2023 after weak earnings news and corporate warnings.  ( 16 min )
    ARM Applications Reach Another High Amid Elevated Rates, Stricter Rules
    Adjustable rate mortgages (ARMs) now make up 16% of all mortgage value, and applications for them jumped to more than 9% as homebuyers seek ways to afford mortgage payments with rising interest rates.  ( 19 min )
    Mattel and Hasbro Shares Tumble After Warning About Holiday Toy Sales
    Shares of Mattel and Hasbro plunged as both toymakers warned of soft holiday sales.  ( 18 min )
    Pending Home Sales Surprise with 1.1% Uptick for September
    Despite the unexpected uptick, home sales are still down since last year—and may remain that way for the rest of 2023.  ( 17 min )
    Southwest Airlines Earnings Sink on Rising Fuel and Labor Expenses
    Southwest Airlines shares lost ground after reporting profit tumbled as the carrier faced higher fuel and labor costs.  ( 17 min )
    Mortgage Rates Inch Down, Remain in Lower Range
    Rates on 30-year mortgages gave up a minimal basis point, keeping them at their lowest level in more than a week. Many other averages were also relatively unchanged.  ( 19 min )
    Durable Goods Orders Rise Sharply on Aircraft Sales
    Aircraft sales drove up durable goods orders by 4.7% in September, far ahead of economist expectations for a 2% increase, and reversing two straight months of decline.  ( 19 min )
    UPS Trims Its Outlook After Steep Decline in 3Q Profit as Labor and Fuel Costs Rise
    UPS shares tumbled after the delivery company reported revenue and profit declined in the third quarter as labor and fuel costs rose, and lowered its full-year guidance.  ( 18 min )
    How Did Moral Hazard Contribute to the 2008 Financial Crisis?
    Learn about moral hazard, how it can affect outcomes, and how it contributed to the conditions that led to the 2008 financial crisis.  ( 23 min )
    Shoppers Boosted US Economic Growth to Fastest in Years
    The U.S. economy isn’t cooperating with the Federal Reserve’s plan to slow it down, thanks to consumers who just won’t stop spending.  ( 18 min )
    Mastercard Beats Earnings Forecasts as Consumer Spending Drives Transaction Volume
    Mastercard Inc. third-quarter results came in ahead of expectations, with the payments processor reporting a second consecutive quarter of profit growth on continued strong consumer spending trends  ( 17 min )
    Comcast Earnings Powered By Nintendo World, Peacock Despite Losing Broadband Subscribers
    Comcast posted better-than-expected earnings in the third quarter due to stronger theme park revenue and subscriptions for its Peacock streaming service despite another quarter of declining broadband subscriptions.  ( 17 min )
    Shares of Affirm, Block, and PayPal Drop as Worldline Warns About Consumer Spending
    Shares of financial tech firms Affirm, Block, and PayPal dropped following a warning about consumer spending from French payments company Worldline.  ( 17 min )
    Can Snowbirds Have Two Reverse Mortgages?
    You can only have one reverse mortgage, but there are other ways of accessing equity  ( 24 min )
    10 Common Questions About Social Security
    Here are answers to 10 frequently asked Social Security questions, including when to file, how much you’ll get, and whether the program is in trouble.  ( 29 min )
    5 Things to Know Before Markets Open
    Shares of Instagram parent Meta Platforms fell after warning of softer ad sales amid economic uncertainty and the United Auto Workers union said it reached a tentative agreement with Ford. Here’s what investors need to know today.  ( 18 min )
    UAW, Ford Reach a Tentative Agreement
    United Auto Workers (UAW) announced that it has reached a "tentative agreement" with automaker Ford Motor Co. (F), potentially bringing an end to a six-week strike action if it is ratified.  ( 17 min )
    Social Security Act: Meaning, Overview, History
    The Social Security Act established a benefits system in 1935 for people who are retired, jobless, or have a disability. A payroll tax funds these benefits.  ( 25 min )
    Universal Healthcare Coverage: What it is, How it Works, Types
    Universal healthcare coverage systems are set up to ensure that all legal residents of a given jurisdiction have health insurance.  ( 24 min )
    Active vs. Passive ETF Investing: What's the Difference?
    Active or Passive ETF investing? Find out which one is for you.  ( 26 min )
    Medicare Part A Definition
    Medicare Part A, or Medicare hospital coverage, is one of the four parts of Medicare, the government’s health insurance program for older adults.  ( 26 min )
    How Prescription Drug Negotiations Will Impact Medicare Beneficiaries
    Under the Inflation Reduction Act, Medicare can now negotiate the price of some high-cost prescription drugs. Learn how to get lower drug costs through Medicare Part D.  ( 22 min )
    Medicare Supplement Insurance: What It Is, How It Works
    Medicare supplement insurance, also known as Medigap, is private insurance sold to complement original Medicare coverage.  ( 27 min )
    Avoid the Part D Premium Penalty
    Medicare has rules regarding prescription drug coverage that must be followed, or you could wind up paying a penalty indefinitely.  ( 26 min )
    How Does Medicare Work After Retirement?
    One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you.  ( 28 min )
    What Is the Age for Medicare Eligibility?
    The majority of Medicare recipients receive benefits when they turn 65, but you may be eligible at a younger age if you have a qualifying disability, ESRD, or ALS.  ( 23 min )
    Retirement Costs You May Not Have Considered
    Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )
  • Open

    S&P 500 Gains and Losses Today: Toymaker Stocks Sink After Holiday Sales Warnings
    The S&P 500 fell 1.2% on Thursday, Oct. 26, 2023, following weak corporate earnings and warnings from companies about full-year sales.  ( 1 min )
    Meta Shares Tumble After Executives Highlight a Volatile Macro Environment
    Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and geopolitical uncertainty, including the outbreak of conflict in the Middle East.  ( 1 min )
    Markets Fall at Midday After Weak Corporate Earnings and Warnings
    U.S. equities dropped at midday on Thursday, Oct. 26, 2023 after weak earnings news and corporate warnings.  ( 1 min )
    Mattel and Hasbro Shares Tumble After Warning About Holiday Toy Sales
    Shares of Mattel and Hasbro plunged as both toymakers warned of soft holiday sales.  ( 1 min )
    Dow Jones Today: Stock Futures Sink as Tech Rout Continues Ahead of Amazon Earnings
    Stock futures sank in premarket trading Thursday as Meta's earnings beat failed to pause yesterday's tech slide ahead of Amazon's quarterly earnings report after the bell.  ( 1 min )
    Shares of Affirm, Block, and PayPal Drop as Worldline Warns About Consumer Spending
    Shares of financial tech firms Affirm, Block, and PayPal dropped following a warning about consumer spending from French payments company Worldline.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Instagram parent Meta Platforms fell after warning of softer ad sales amid economic uncertainty and the United Auto Workers union said it reached a tentative agreement with Ford. Here’s what investors need to know today.  ( 1 min )
  • Open

    Britse overheid roept op tot einde vierdaagse werkweek bij lokale overheden
    De landelijke Britse overheid zei donderdag dat lokale overheden moeten stoppen met proeven met een vierdaagse werkweek voor hun werknemers. Hierdoor zouden de lokale overheden minder werk afkrijgen en dat zou de belastingbetalende burger benadelen.  ( 9 min )
    'Vervuiler' Nederland moet arme landen helpen bij klimaattransitie
    Het Nederlands klimaatbeleid is niet rechtvaardig ten opzichte van de rest van de wereld. Dat zegt de Adviesraad Internationale Vraagstukken (AIV). De raad overhandigt vandaag een stappenplan aan demissionair klimaatminister Rob Jetten. "De ambitie moet omhoog."  ( 10 min )
    Na jaren gesteggel heeft Brussel plan om online kindermisbruik aan te pakken
    Het Europees Parlement presenteert donderdag een aangepast wetsvoorstel om online kindermisbruik aan te pakken. Over de wet wordt al jaren fel gediscussieerd. Partijen lagen met elkaar overhoop over de vraag of een harde aanpak of juist preventie het beste werkt.  ( 12 min )
    Stekkerauto's versnelden in 2022 en reden 55 procent meer kilometers
    Nederlandse personenauto's, bestelbusjes, vrachtwagens en bussen hebben in 2022 in totaal bijna 144 miljard kilometer in binnen- en buitenland gereden. Dat is 7 procent meer dan een jaar eerder. Vooral elektrische en hybride auto's hebben veel meer kilometers afgelegd.  ( 9 min )
    Grootste groei voor Amerikaanse economie in bijna twee jaar
    De economie in de Verenigde Staten groeide afgelopen kwartaal maar liefst 4,9 procent. Dit ondanks een aantal renteverhogingen en een afremmende wereldeconomie. Het is de grootste groei sinds 2021.  ( 8 min )
    Reclame Code Commissie geeft Tata Steel tik op de vingers om uitstootclaim
    Tata Steel mag niet claimen dat de uitstoot van kankerverwekkende pak-stoffen tussen 2019 en 2022 is gehalveerd. Die claim is niet aantoonbaar juist, omdat niet alle mogelijke bronnen zijn onderzocht, stelt de Reclame Code Commissie.  ( 9 min )
    Brussel presenteert aangepast wetsvoorstel tegen online kindermisbruik
    Het Europees Parlement presenteert donderdag een aangepast wetsvoorstel om online kindermisbruik aan te pakken. Over de wet wordt al jaren fel gediscussieerd. Partijen lagen met elkaar overhoop over de vraag of een harde aanpak of juist preventie het beste werkt.  ( 12 min )
    ECB trapt op de rem na reeks van tien renteverhogingen
    De ECB houdt een rentepauze na een reeks van tien verhogingen in ruim een jaar tijd. De Europese inflatie is niet volledig teruggezakt, maar de ECB wil de rente voorlopig niet verder verhogen. Anders zou het economisch te veel pijn doen.  ( 10 min )
    Turkse rente opnieuw flink omhoog in strijd tegen hardnekkige inflatie
    De centrale bank in Turkije schroeft de rente in het land opnieuw stevig op, van 30 naar 35 procent. Dit moet de nog altijd gierende inflatie in het land in toom houden.  ( 8 min )
    Dichte mist leidt tot vertragingen en geannuleerde vluchten op Schiphol
    Dichte mist veroorzaakt donderdag problemen op Schiphol. Tientallen vluchten zijn vertraagd of worden geannuleerd. De mist kan mogelijk de rest van de dag het vluchtschema verstoren.  ( 8 min )
    Steeds meer personeel in kinderopvangsector, maar wachtlijst blijft flink
    De kinderopvangsector krijgt er steeds meer personeel bij. Al jarenlang stromen er duizenden mensen meer in dan er vertrekken. En toch lijken de wachtlijsten voor nieuwe ouders maar niet te slinken.  ( 11 min )
    Winst van energiebedrijf Vattenfall valt terug door lagere prijzen
    De winst van Vattenfall was in de eerste negen maanden van dit jaar veel lager dan in 2022. Dat werd veroorzaakt doordat de energieprijzen flink zijn gedaald sinds vorig jaar.  ( 8 min )
    NU+ | ECB heeft rente genoeg verhoogd: het begint economisch pijn te doen
    De Europese Centrale Bank (ECB) heeft in ruim een jaar de rente tien keer verhoogd om de inflatie te bestrijden. Doel is om lenen minder aantrekkelijk te maken en dat lukt, blijkt uit nieuwe cijfers. Daarom zal een elfde renteverhoging komende donderdag uitblijven, verwachten experts.  ( 10 min )
    Zo nu en dan thuiswerken lijkt het nieuwe normaal na coronapandemie
    Hoewel de lockdowns al een tijdje voorbij zijn, werkt een op de drie Nederlanders nog steeds regelmatig vanuit huis. Daarbij gaat het vooral om hybride werken, een mix van thuis en op kantoor. Fulltime thuiswerken gebeurt maar weinig.  ( 10 min )
    Unilever verkoopt weer minder, maar verdient meer door prijsverhogingen
    Unilever verkocht in het afgelopen kwartaal minder producten, maar verdiende door prijsverhogingen wel meer geld. Het bedrijf achter merken als Magnum, Dove en Calvé behaalde een kwartaalomzet van 15,2 miljard euro.  ( 9 min )
    Facebook-moederbedrijf Meta verdient meer geld aan advertenties die jij bekijkt
    Gebruik jij Facebook, Instagram of WhatsApp? Dan heeft Facebook-moederbedrijf Meta in het afgelopen kwartaal omgerekend ruim 10 euro aan jou verdiend. Het socialemediabedrijf heeft in die drie maanden meer adverteerders weten te strikken.  ( 9 min )
    Klanten bezuinigen op boodschappendozen van HelloFresh
    HelloFresh heeft voor het tweede kwartaal op een rij minder dozen met boodschappen bezorgd. Het Duitse bedrijf ziet klanten mogelijk vanwege de hoge inflatie bezuinigen op bestellingen.  ( 8 min )
    Verkoop van Barbies weer op niveau door succesvolle film over de beroemde pop
    Mattel heeft in het afgelopen kwartaal veel meer Barbies verkocht. Daarmee lijkt het speelgoedconcern te profiteren van de succesvolle film Barbie, die eerder dit jaar is verschenen.  ( 9 min )
    Staking bij Ford in VS na 41 dagen voorbij, bij General Motors nog niet
    Na een lange periode van stakingen heeft de Amerikaanse vakbond voor de auto-industrie UAW een voorlopig akkoord gesloten met autoproducent Ford. De partijen zijn een forse loonsverhoging van 25 procent overeengekomen. Bij meerdere grote autoproducenten werd al ruim een maand gestaakt.  ( 8 min )
    Stekkerauto's accelereerden in 2022 en reden 55 procent meer kilometers
    Nederlandse personenauto's, bestelbusjes, vrachtwagens en bussen reden in 2022 in totaal bijna 144 miljard kilometer in binnen- en buitenland, 7 procent meer dan een jaar eerder. Vooral elektrische en hybride auto's reden veel meer kilometers.  ( 8 min )
    Barbie-poppenverkoop weer terug van weggeweest door succesvolle film
    Mattel verkocht in het afgelopen kwartaal veel meer barbiepoppen. Daarmee lijkt het speelgoedconcern de vruchten te plukken van de succesvolle Barbie-film die eerder dit jaar werd uitgebracht.  ( 9 min )
    Hybride werken lijkt volgens TNO ook na corona een blijvertje
    Hoewel de lockdowns al een tijdje voorbij zijn, werkt een op de drie Nederlanders nog steeds regelmatig vanuit huis. Daarbij gaat het vooral om hybride werken, een mix van thuis en op kantoor. Fulltime thuiswerken gebeurt maar weinig.  ( 9 min )
    NU+ | Turkije neemt afscheid van 'Erdoganomics', maar herstel gaat moeizaam
    De Turkse economie zit al tijden in zwaar weer. Critici wijzen naar de invloed van president Recep Tayyip Erdogan als belangrijkste oorzaak. Wat is er veranderd sinds zijn verkiezingswinst in mei? Is er licht aan het einde van de tunnel?  ( 10 min )

  • Open

    Morgan Stanley Names Edward Pick As CEO James Gorman's Successor
    Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman, who held the position since 2010.  ( 17 min )
    The Dead Cat Bounce of Investing
    Make sure you know the difference between a change in market outlook and a short-term recovery.  ( 23 min )
    Top CD Rates Today: New 6% Leader Offers Rare Escape Clause
    The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 6.00% from Sandia Area Federal Credit Union.  ( 19 min )
    Reverse Mortgages in Puerto Rico, U.S. Virgin Islands, and Guam: What Are the Rules?
    Reverse mortgages are the same in Puerto Rico, the U.S. Virgin Islands, and Guam as they are in the 50 states.  ( 26 min )
    What They’re Saying: How Student Loan Payment Resumption Hit Corporate Bottom Lines
    The companies student loan borrowers do business with are closely monitoring how much money people are diverting to payments.  ( 18 min )
    Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat
    Shares of ADP fell 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors. Revenue fell just short of expectations, despite an EPS beat.  ( 17 min )
    Millennials Are At Peak Homebuying Age and More Demand Could Be On the Way
    The millennial generation is now driving the U.S. housing market, with an added 7.4 million purchases since 2018.  ( 17 min )
    Meta's Strong Ad Revenue and Cost-Cutting Drive Earnings Outperformance
    Meta's foray into generative AI for advertisers could push ad spend for Facebook and Instagram even higher.  ( 17 min )
    S&P 500 Gains and Losses Today: Tech Stocks Tumble After Alphabet's Earnings Report
    The S&P 500 dropped 1.4% on Wednesday, Oct. 25, 2023, with Alphabet's earnings report and rising borrowing costs pressuring tech stocks.  ( 16 min )
    What Does Daily Interest Accrual Mean?
    Learn what it means when a borrower's or investor's loan or investment account accrues interest daily and how different compounding periods change the loan balance.  ( 22 min )
    American Express CD Rates: October 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 21 min )
    U.S. Bank CD Rates: October 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )
    Charles Schwab CD Rates: October 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 25 min )
    Santander Bank CD Rates: September 2023
    With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 20 min )
    Navy Federal CD Rates: October 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 24 min )
    Investing in Cryptocurrency ETFs: Bitcoin Futures vs. Ether Futures
    Investing in cryptocurrency ETFs? Here’s what you need to know about bitcoin futures ETFs and ether futures ETFs.  ( 24 min )
    Boeing Cuts Outlook for 737 Max Deliveries Because of Fuselage Issue
    Boeing reduced its estimate for 737 Max deliveries this year because of inspections for a potential fuselage problem.  ( 17 min )
    Huntington Bank CD Rates: October 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 22 min )
    Bank of America CD Rates: October 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 26 min )
    Credit Card Debt Has Made a Huge Comeback
    The economic boom that the U.S. economy experienced in 2022 came hand-in-hand with a resurgence in credit card debt.  ( 17 min )
    How the Blockchain ETF Works
    How blockchain ETFs work and the risks associated with such theme-based investments.  ( 24 min )
    What Are Perpetual Futures and How Do They Work?
    Perpetual futures are derivatives contracts that lack an expiry date. Popular with cryptocurrency traders, these contracts instead use a funding rate mechanism to keep their prices near the spot price.  ( 24 min )
    Temporal Discounting: The Psychology Behind Future Reward Depreciation
    Temporal discounting is the human tendency to choose for immediate gratification at the expense of future benefits.  ( 28 min )
    Apple Surprisingly Supports White House "Right to Repair" Law
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  • Open

    Ford, UAW reach tentative deal to end strike: 'We told Ford to pony up and they did'
    Ford Motor and the negotiators of the United Auto Workers (UAW) union have reached a tentative labor deal, pending union leadership approval, three sources familiar with the matter said on Wednesday. A deal would be the first settlement of strikes against Ford, General Motors and Chrysler-parent Stellantis . More than 45,000 union members working at the Detroit Three automakers have joined walkouts that began on Sept.  ( 32 min )
    Meta Beats Wall Street's High Expectations, But Stock Falls On Weak Advertising Worries
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    Dow Jones Futures Fall: S&P 500, Nasdaq Tumble As Google Dives; Meta Reverses Lower
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    The record-breaking crash in bonds is a threat to stock prices and American jobs. Here's everything you need to know about the Treasury-market turmoil.
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    Stocks Slide on Earnings Worries; Dollar Climbs: Markets Wrap
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    Treasury bond supply could soon hit record levels as unsustainable deficits and high rates create spiral effect, Bank of America says
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    Meta Shares Slide After Warning on Economy Impacting Ads
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    UPS To Buy Reverse Logistics Specialist Happy Returns from PayPal
    United Parcel Service agreed to acquire Happy Returns, a software and reverse logistics company that handles returns for retailers, from PayPal.  ( 27 min )
    5 Best China Stocks To Buy And Watch
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    Meta's Q4 guidance erases earnings beat gains
    The social media giant delivered above expectations for both its top and bottom lines.  ( 35 min )
    Meta stock rises 4% as it beats earnings estimates
    Meta reported its third quarter earnings on Wednesday after the bell.  ( 34 min )
    Ford, UAW Near Tentative Labor Deal to Potentially End Six-Week Strike at the Automaker
    The two sides have moved closer on key bargaining issues in recent days, though there is still a possibility talks could stall.  ( 30 min )
    UPS Buys Reverse Logistics Company Happy Returns From PayPal
    UPS said as a result of the deal, label-free returns will soon be available at thousands of locations in the U.S.  ( 27 min )
    Alphabet 10% Plunge Follows Tesla in Stern Warning on Valuation
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    ‘Hold Your Horses,’ Says 5-Star Analyst About Intel Stock
    After several years of underperformance, 2023 has been marked by a bit of a comeback for Intel (NASDAQ:INTC). The chip giant’s Q2 results exceeded expectations, boosted by indications the PC market is gradually rebounding. With the company readying to release its Q3 statement on Thursday (October 26th after the close), can the turnaround story truly take shape? That is still up for debate, says Stifel’s Ruben Roy, a 5-star analyst rated in the top 2% of the Street’s stock pros. On the one hand,  ( 34 min )
    ServiceNow Earnings, Revenue Top Estimates. Software Stock Climbs
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    Stock market news today: Stocks clobbered as Nasdaq drops 2.5% amid Google's slide
    Treasury yields pushed higher, putting more pressure on already strained tech stocks.  ( 46 min )
    SunPower Restatement, Sunrun Short Report Sink Solar Stocks
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    Influencers want to hack your high mortgage rates for a new car or an extra vacation. ‘This can be a great strategy,’ housing market expert says—but only if you can really budget for it
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    Ackman's bet against US Treasuries pays off with $200 million profit
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    It’s a Terrible Day for Tech. Why a Chip Stock Is to Blame.
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    Google's Cloud Disappointed, Microsoft's Impressed. What's In Store For Amazon?
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    The European Fintech Collapse Spreads to the U.S.
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    Porsche joins Tesla in warning about high rates
    German luxury brand Porsche and EV stalwart Tesla make strange bedfellows, unless it comes to warning about high interest rates crimping demand.  ( 34 min )
    Want To Invest In Penny Stocks? Here Are Three That Analysts Think Could Deliver Over 300% Returns
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    Microsoft's and Google’s earnings tell a tale of two clouds
    Microsoft and Google told two different stories about their cloud businesses during their earnings calls on Tuesday.  ( 36 min )
    Warren Buffett is set to indirectly bet on a tiny nation that's the world's fastest-growing economy and an emerging oil superpower
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    Schwab Won’t Raise Rates on Bank Sweep Accounts, President Says
    Charles Schwab sweeps customers' uninvested cash into sweep accounts that pay just 0.45%, a point of consternation for some customers and financial advisors.  ( 22 min )
    Treasury Rates Jump as Poor Auction Puts Focus on November Sales
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    Top Dividend Stocks: Western Midstream's Jaw-Dropping 8.3% Yield Entices
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    Betting On An Oil crisis? These Top Oil Stocks Could Generate Double-Digit Returns
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    UAW appears to be moving toward a potential deal with Ford that could end strike
    The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday. The people said the union made a counter-offer to Ford that proposes a 25% general wage increase over the life of a new four-year contract and said that negotiations on Tuesday extended well into Wednesday morning. Previously Ford, Stellantis and General Motors had all offered 23% pay increases.  ( 33 min )
    Analyst Report: Boyd Gaming Corp.
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    Analyst Report: SAP SE
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    Analyst Report: Visa Inc
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    Analyst Report: Texas Instruments Inc.
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    3 REITs That Are Incredibly Oversold Right Now
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    Apple Stock Gets Price-Target Cut On Softening iPhone 15 Sales
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    Fed wants to lower 'swipe fees,' a potential blow to banks and credit card giants
    Companies like Visa, Mastercard and American Express would take a hit from a new Federal Reserve proposal that lowers debit-card fees paid by merchants.  ( 36 min )
    Meta earnings preview: Will the good times keep rolling?
    Meta will report its third quarter earnings on Wednesday after the bell.  ( 34 min )
    Oil Swings as Israel Delays Attack for US to Assemble Defenses
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    Charlie Munger Points Finger At System Flaws Leading People To Make Poor Decisions: 'You Make It Easy to Steal By Your Own Sloppiness, You Will Cause A Lot of Good People To Go Bad'
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    More alarm bells sound on slowing demand for electric vehicles
    High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker. Electric vehicle sales are still growing strongly, but that demand is not keeping up with the expectations of carmakers and other companies that have invested billions of dollars in the EV space. Expectations for persistently higher interest rates has led companies to alter plans as they eye 2024 warily.  ( 34 min )
    Tesla Stock: Elon Musk’s Warnings Are a Red Flag for the Entire EV Industry, Says Morgan Stanley
    Tesla’s (NASDAQ:TSLA) Q3 conference call was one for the ages. While the EV leader’s results were conclusively disappointing, the call itself featured ominous warnings from CEO Elon Musk on the state of the global economy, the higher interest rate environment and the difficult road ahead for the Cybertruck’s production. Shares duly tanked as investors digested an uncertain future for the undisputed EV leader. In fact, Morgan Stanley analyst Adam Jonas makes the case that Tesla’s dire outlook cou  ( 34 min )
    Rich Californians May Lose Access to This Profitable Tax Loophole
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    How Can I Guard My Assets From Nursing Homes?
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    Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
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    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
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    Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs?
    I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 34 min )
    Meta’s Earnings Are Coming Today. Here’s What to Expect
    Shares of Facebook and Instagram parent Meta Platforms slipped in morning trading Wednesday, ahead of the social-media giant’s quarterly earnings, which are expected after the market close. Investors will watch for signs of the health of the company’s advertising business, along with growth at the  ( 24 min )
    30-Year Mortgage Rates Drop to Lowest Level in Over a Week
    Rates on 30-year mortgages have continued their yo-yo pattern—this time with a notable drop to fall further below the 23-year peak they registered last week.  ( 21 min )
    Dow Jones Falls Ahead Of Powell Speech; Alphabet Dives On Earnings, Meta Results Next
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    Stock market news today: S&P 500, Nasdaq tumble as Google slides
    The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 37 min )
    Stock market news today: Nasdaq tumbles as Google slides, Microsoft jumps after earnings
    The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 36 min )
    Intel Q3 earnings preview: PC sales and datacenter business in focus
    Intel will report its Q3 earnings after the bell Thursday, as Wall Streets looks for signs that the PC market is recovering.  ( 34 min )
    Block, PayPal Stocks Are Dropping. What’s Shaking the Fintech Sector.
    Payments stocks are falling early Wednesday. A warning from Worldline, a major European payments company, is sending jitters through the industry.  ( 16 min )
    Thermo Fisher Slumps After Medical Behemoth Cuts Its 2023 Outlook — Again
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    New hires are considering quitting within the first 6 months because of these 3 onboarding issues
    Bad onboarding is leading to higher quit rates for new employees.  ( 33 min )
    How To Profit From Amazon Stock After Earnings Report
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    SunPower Stock Is Tumbling. The Solar-Panel Maker Is Restating Results.
    SunPower is correcting statements for 2022, and the first two quarters of 2023 after finding accounting errors.  ( 17 min )
    Toyota Chairman Says People Are Finally Seeing the Reality About EVs
    Akio Toyoda said the electric-vehicle industry was coming to recognize that there isn’t a single answer to reducing carbon emissions.  ( 28 min )
    Boeing earnings: Aerospace giant trims 737 Max forecast due to production issue; maintains cash flow guidance
    Boeing reported a third quarter miss on both the top and bottom lines and cut its delivery forecast for its 737 Max narrowbody jet due to ongoing production issues. The aerospace giant did reaffirm its cash flow guidance, which gave shares a boost.  ( 34 min )
    U.S mortgage rates soar to highest in more than 23 years
    The 7.9% average contract rate for a 30-year fixed-rate mortgage during the week ended Oct. 20 was up 20 basis points from the prior week, the Mortgage Bankers Association said. "These higher mortgage rates are keeping prospective homebuyers out of the market and continue to suppress refinance activity." The 30-year fixed rate mortgage is up 81 basis points since then, tracking a similar rise in the yield on the 10-year Treasury note, the main benchmark for longer-term U.S. borrowing rates.  ( 33 min )
    BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%
    (Bloomberg) -- Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and said higher interest rates are having a “dramatic change” on the biggest global industry trends.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeNobody Wants Mutual Funds NowBig Tech Earnings Whipsa  ( 33 min )
    Boeing loses $1.6 billion on fewer deliveries of airliners and higher costs for Air Force One jets
    Boeing reported a $1.64 billion loss for the third quarter on Wednesday as it delivered fewer copies of its best-selling plane and sunk more money into building two new Air Force One presidential jets. The aircraft maker lowered its forecast of 737 Max production to between 375 and 400 planes this year, down from a previous estimate of 400 to 450. Boeing said production and deliveries of 737s will be slowed as it does inspections and additional work to fix a pressure-sealing section of the planes.  ( 33 min )
    Investors Scurry To Buy 14 Soaring Stocks As Market Sells Off
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    Another Day, Another Stock-Price Collapse for European Fintech
    The painful repricing of Europe's financial-technology sector continues. Shares in French payments firm Worldline plunged 59% Wednesday, knocking roughly $4 billion off its market value, after the company cut its revenue forecasts for this year. Peers also fell steeply. Adyen in the Netherlands  ( 24 min )
    Stock market news today: Nasdaq, S&P 500 futures fall as Alphabet casts cloud
    The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 34 min )
    Thermo Fisher Stock Slumps After Sales Miss and Outlook Is Slashed Again
    Thermo Fisher, the leading maker of scientific equipment, slashes its guidance for the second consecutive quarter, citing a challenging macro environment.  ( 15 min )
    Ask an Advisor: I'm 67 With $218k in an IRA. Should I Start My Withdrawals Now to Reduce Future RMD Taxes?
    I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less). Does withdrawing from my traditional IRAs (current balance is $215,000) to reduce the income […] The post Ask an Advisor: I’m 67 With $218k in an IRA. Should I Start My Withdrawals Now to Reduce Future RMD Taxes? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Wall Street CEOs are sounding even more somber about the near future
    Some of Wall Street's top executives offered new warnings this week about the economy, the appetite for deal making and the state of the world.  ( 35 min )
    Worldline shares halve on European economy warning
    French payments group blames deteriorating economic outlook in Germany for hit to profits  ( 5 min )
    Column: How Walgreens, CVS and Rite Aid tried to take over healthcare — and failed
    The pharmacy chains have discovered that taking a larger role in the healthcare system than simply dispensing prescriptions and selling over-the-counter notions is more complicated and costlier than they expected.  ( 38 min )
    These Stocks Are Moving the Most Today: Microsoft, Alphabet, Texas Instruments, Teladoc, SunPower, Boeing, Meta, and More
    Fiscal first-quarter revenue at Microsoft's Azure cloud business rises 29%, while Google Cloud revenue misses forecasts. Boeing, Meta Platforms, and IBM are scheduled to report earnings Wednesday.  ( 21 min )
    The reason weight loss drug use tomorrow is such a problem for investors today
    Weight loss drugs have become a new risk for a variety of companies, even if the eventual size of the market remains speculative.  ( 35 min )
    Piper Sandler Says the S&P 500 Could Still Surge 14% in 2023 — Here Are 2 Stocks to Keep an Eye On
    In recent times, the markets have been hit by a combination of persistent headwinds that have been dragging it down. Elevated interest rates, surging oil prices, and geopolitical concerns have all played their part in keeping sentiment low. But now, with the S&P 500 having retreated by 8% from the 52-week high of 4,607, Piper Sandler’s chief market technician Craig Johnson thinks various indicators are signaling that stocks are in oversold territory, positioning the benchmark index to push highe  ( 36 min )
    Your ‘Set It and Forget It’ 401(k) Made You Rich. No More.
    Stock-and-bond portfolios that worked for the past 40 years aren’t ready for what’s coming.  ( 27 min )
    Why the Shine Has Come Off Clean-Energy Stocks
    Pressures created by rising interest rates are outweighing supportive government policies.  ( 29 min )
    Strongest US Economic Growth Since 2021 Puts Fed in Tough Spot
    (Bloomberg) -- The US economy likely expanded in the third quarter at the fastest clip in nearly two years, a surprising acceleration primarily powered by a consumer reaping the benefits of resilient job growth, rising wealth and easing inflation.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for Firs  ( 34 min )
    US spot Bitcoin ETFs — crypto’s silver bullet?
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    This Bizarre Fund Is Mostly Invested in 1 Stock—and It’s Beating the S&P 500 This Year
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    Eli Lilly’s Obesity Drug Has Big Potential. One Way to Play the Stock.
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    Shares in French payment company Worldline sink by 50% as it cuts targets
    French payment company Worldline on Wednesday reported an organic growth of 4.8% in third-quarter revenue, boosted by its merchant services segment, which grew organically by 7.6%. The digital payment and transactions solutions provider generated revenue of 1.18 billion euros ($1.25 billion) in the quarter, up from 1.13 billion in the year-ago period. ($1 = 0.9432 euros)  ( 32 min )
    Meta Reports Earnings Today. Watch for the Story in Ad Revenue.
    The Street projects Meta will post quarterly sales of $33.5 billion, up 21% from a year ago, with profits of $3.61 a share, up from $1.64.  ( 21 min )
    Vietnam's Vinfast committed to selling EVs to US despite challenges, intense competition
    Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere. Its CEO Le Thi Thu Thuy said in a recent interview with The Associated Press that the U.S. market is “difficult.” It has sold just 2,009 electric vehicles in the U.S., less than 1% of total of total U.S. EV sales, according to Motorintelligence.com.  ( 40 min )
    A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free
    Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan.  ( 34 min )
    There's nothing stopping the 10-year Treasury from continuing to surge, market forecaster says
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    Google’s ad business beat expectations but Cloud miss knocks stock in after-hours trading
    Google released its Q3 earnings on Tuesday that largely beat Wall Street's expectations, although a miss on cloud revenue sent its stock sliding in after hours trading.  ( 35 min )
    2 ‘Strong Buy’ Chip Stocks From Wall Street’s Top Tech Analyst
    This year has seen a strong bullish trend that has hit the skids in the last couple of months, resulting in a pullback from recent highs and an increase in volatility. For the retail investor, the main result is a tougher environment for finding just the right stock. That’s where Wall Street’s top analysts come in. These stock pros have built solid reputations for finding those right stocks – in any conditions. Covering the tech sector for Needham, analyst Quinn Bolton stands head and shoulders  ( 36 min )
  • Open

    What They’re Saying: How Student Loan Payment Resumption Hit Corporate Bottom Lines
    The companies student loan borrowers do business with are closely monitoring how much money people are diverting to payments.  ( 1 min )
    S&P 500 Gains and Losses Today: Tech Stocks Tumble After Alphabet's Earnings Report
    The S&P 500 dropped 1.4% on Wednesday, Oct. 25, 2023, with Alphabet's earnings report and rising borrowing costs pressuring tech stocks.  ( 1 min )
    Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat
    Shares of ADP fell 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors. Revenue fell just short of expectations, despite an EPS beat.  ( 1 min )
    Millennials Are At Peak Homebuying Age and More Demand Could Be On the Way
    The millennial generation is now driving the U.S. housing market, with an added 7.4 million purchases since 2018.  ( 1 min )
    Investing in Cryptocurrency ETFs: Bitcoin Futures vs. Ether Futures
    Investing in cryptocurrency ETFs? Here’s what you need to know about bitcoin futures ETFs and ether futures ETFs.  ( 1 min )
    Microsoft Shares Jump as Cloud Revenue Boosts Earnings
    Microsoft Corp.'s fiscal first-quarter earnings showed a surprise improvement in its Azure cloud segment.  ( 1 min )
    Markets Mixed at Midday as Google Parent Alphabet Drags Down Tech Sector
    U.S. equities were mixed at midday on Wednesday, Oct. 25, 2023, as the tech sector lost ground after Google parent Alphabet reported lower-than-expected cloud revenue.  ( 1 min )
    Stocks & Bond News, Trading News, ETF News
    No content preview  ( 1 min )
    Dow Jones Today: Futures Mixed After Big Tech Earnings; Treasury Yields Inch Higher
    Stock futures were mixed in premarket trading Wednesday as Microsoft stock soared on its earnings beat, while a foggy cloud outlook sent Google-parent Alphabet tumbling.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Google parent Alphabet fell after the search giant’s cloud revenues came in lower than expected and Microsoft shares pushed higher after it was able to grow its Azure cloud business. Here’s what investors need to know today.  ( 1 min )
  • Open

    Shell-topman schrapt tweehonderd banen in duurzame energie
    Shell gaat tweehonderd banen schrappen die te maken hebben met duurzame energie. Ook gaat het olie- en gasconcern de activiteiten op het gebied van lichte waterstofvoertuigen verminderen. In plaats daarvan wil het zich meer op zwaar transport en industrie richten.  ( 9 min )
    Apple gooit prijs voor streamingdienst Apple TV+ flink omhoog
    Klanten van Apple TV+ gaan bijna 43 procent meer betalen voor hun abonnement in de Verenigde Staten. De prijs gaat van 6,99 dollar naar 9,99 dollar per maand. In Nederland gaan de prijzen min of meer in vergelijkbaar tempo omhoog.  ( 8 min )
    Ook blauwtong in Zeeland, waardoor virus nu in alle provincies heerst
    In de Zeeuwse plaats Waarde zijn dieren gevonden die besmet zijn met het blauwtongvirus. Dat betekent dat het virus op dit moment in alle Nederlandse provincies actief is. Dat meldt de Nederlandse Voedsel- en Warenautoriteit (NVWA) woensdag.  ( 9 min )
    Grens voor Nationale Hypotheek Garantie gaat opnieuw fors omhoog
    De grens voor een hypotheek met Nationale Hypotheekgarantie (NHG) gaat omhoog vanaf 1 januari. Dat betekent dat mensen straks financiële bescherming kunnen krijgen bij het kopen van een huis tot aan 435.000 euro.  ( 10 min )
    Meeste Nederlanders zien heil in meer belasting op vervuilend gedrag
    Nederlanders met verschillende politieke voorkeuren steunen belastingverhogingen op vliegreizen en nieuwe spullen, laat nieuw onderzoek zien. 'De vervuiler betaalt' is daarbij het uitgangspunt. Maar de overheid moet wél investeren in betaalbare alternatieven.  ( 11 min )
    Grens voor Nationale Hypotheek Garantie gaat volgend jaar weer omhoog
    De grens voor een hypotheek met Nationale Hypotheekgarantie (NHG) gaat omhoog vanaf 1 januari. Dat betekent dat mensen straks financiële bescherming kunnen krijgen bij het kopen van een huis tot aan 435.000 euro.  ( 9 min )
    China weert Nederlands vlees vanwege uitbraak blauwtong
    China heeft de import van rund- en schapenvlees uit Nederland verboden vanwege de verspreiding van het blauwtongvirus. Officieel geldt het verbod voor alle herkauwende dieren en voor producten die van de dieren worden gemaakt.  ( 8 min )
    Omstreden geldwisselkantoor Suri-Change is vergunningen kwijt
    Het omstreden Rotterdamse geldwisselkantoor Suri-Change mag haar werkzaamheden niet meer uitvoeren. De Nederlandsche Bank (DNB) heeft de vergunningen van het kantoor Suri-Change ingetrokken.  ( 9 min )
    Veel Nederlanders in armoede doordat ze aanvullende uitkering niet aanvragen
    Tienduizenden Nederlanders leven onder het sociaal minimum doordat ze geen aanvullende uitkering aanvragen terwijl ze hier wel recht op hebben. Dat meldt de Arbeidsinspectie, die onbekendheid van de maatregel als een belangrijke oorzaak ziet.  ( 9 min )
    ABN AMRO stelt verwachting bij: huizenprijzen stijgen volgend jaar toch wel
    Onderzoekers van ABN AMRO verwachten inmiddels tóch dat de woningprijzen volgend jaar weer gaan stijgen. De huizenprijzen zijn eerder gestopt met dalen dan eerder werd gedacht, onder meer door stijging van de lonen en vertraging van nieuwbouw.  ( 9 min )
    Cloud- en AI-diensten doen het goed bij Microsoft, maar stellen teleur bij Google
    Clouddiensten en kunstmatige intelligentie hebben Microsoft het afgelopen kwartaal geen windeieren gelegd. Maar Google-moederbedrijf Alphabet heeft er juist minder van geprofiteerd dan voorheen.  ( 9 min )
    Finland vist anker op bij plek waar gaspijplijn is kapotgegaan
    De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat onderzoekers vlak bij de plek van de breuk een anker hebben opgevist. Wellicht was dat anker van een Chinees containerschip.  ( 8 min )
    Finland vist anker op bij plek waar gaspijplijn kapot ging
    De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat onderzoekers vlak bij de plek van de breuk een anker hebben opgevist. Wellicht was dat onderdeel van een Chinees containerschip.  ( 8 min )
    Slecht weer en hogere prijzen maken Heineken-bier minder populair
    Door het matige zomerweer in delen van Europa is er minder bier gedronken en dat ziet Heineken terug in zijn cijfers. Ook door de hogere prijzen heeft de Amsterdamse brouwer minder verkocht.  ( 8 min )
    Inflatiecorrectie stuwt winst van KPN, maar gaat ten koste van klanttevredenheid
    KPN heeft een goed derde kwartaal achter de rug. De winst steeg met 6,5 procent, mede doordat de provider in juli een flinke inflatiecorrectie heeft doorgevoerd. Klanten waren volgens het telecombedrijf minder blij met die prijsverhoging.  ( 9 min )
    UWV: Meer arbeidsmigratie nodig door groot personeelstekort
    Er zijn op dit moment meer vacatures dan werkzoekenden. En die krapte op de arbeidsmarkt kan de komende jaren nog erger worden, verwacht het UWV. Daarom moeten we alle oplossingen voor die krapte met beide handen aanpakken, ook het inzetten van meer arbeidsmigranten.  ( 11 min )
    Webwinkels vaak onbereikbaar voor klanten door ontbreken contactgegevens
    Grote webwinkels hebben vaak geen telefoonnummer of mailadres voor klanten op hun site staan, terwijl ze dit wel verplicht zijn. Dat concludeert de Consumentenbond na onderzoek bij de honderd grootste webshops van Nederland.  ( 9 min )
    Stelling | 'Ik zou meedoen aan een staking tegen de loonkloof'
    Op IJsland werd dinsdag aandacht gevraagd voor de loonkloof tussen mannen en vrouwen. Veel IJslandse vrouwen, onder wie premier Katrín Jakobsdóttir, legden daarom hun werk neer. Vandaag is daarom de stelling: 'Ik zou meedoen aan een staking tegen de loonkloof.'  ( 7 min )
    Amerikaanse staten klagen Meta aan wegens psychische schade door Facebook
    Meer dan twintig Amerikaanse staten klagen Meta aan. Ze vinden dat het moederbedrijf van Facebook en Instagram jonge gebruikers uitbuit voor winst en hen blootstelt aan schadelijke inhoud.  ( 8 min )
    UWV: Meer arbeidsmigratie onvermijdelijk door groot personeelstekort
    Er zijn op dit moment meer vacatures dan werkzoekenden. En die krapte op de arbeidsmarkt kan de komende jaren nog erger worden, verwacht het UWV. Daarom moeten we alle oplossingen voor die krapte met beide handen aanpakken, ook het inzetten van meer arbeidsmigranten.  ( 10 min )
  • Open

    Boeing Cuts Outlook for 737 Max Deliveries Because of Fuselage Issue
    Boeing reduced its estimate for 737 Max deliveries this year because of inspections for a potential fuselage problem.  ( 1 min )
    Apple Surprisingly Supports White House "Right to Repair" Law
    The White House and consumer electronics giant Apple (AAPL) have become unlikely allies in pushing for a national “right to repair” law that would require manufacturers to support independent repair shops and consumers in fixing broken devices.  ( 1 min )
    Alphabet Shares Tank On Cloud Earnings Miss But Analysts Say Investors Needn't Worry
    Shares of Google parent Alphabet tumbled more than 9% in intraday trading Wednesday after the tech giant's cloud revenue fell short of expectations in the third quarter, but analysts say investors needn't worry.  ( 1 min )
    SEC Charges Blackrock Over Investment Fund Disclosures
    The Securities and Exchange Commission has charged investment manager Blackrock for failing to properly disclose entertainment investments in a fund it advised.  ( 1 min )

  • Open

    Loss Disallowance Rule (LDR): What it is, How it Works
    The loss disallowance rule limits a corporation's ability to claim the losses of a subsidiary business for tax purposes.  ( 20 min )
    Top CD Rates Today: Lock in 6.50% for 8 Months, or 6% for a Year or More
    The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 5.80% from Seattle Bank.  ( 19 min )
    Microsoft Beats Analyst Predictions for Fiscal Q1 On Strong Cloud Growth
    Microsoft (MSFT)'s fiscal first-quarter earnings beat analysts' expectations as the company's Azure cloud computing segment grew more than predicted.  ( 17 min )
    Self-Employment Tax: Definition, How It Works, and How to File
    Self-employment tax is the tax that a sole proprietor or freelancer must pay to the federal government to fund Medicare and Social Security.  ( 25 min )
    Personal Loan Rates & Trends, Week of Oct. 23, 2023: Rates Increase Again
    Personal loan rates edged up to 21.04% this week, adding 3 basis points since last week when the average personal loan rate stood at 21.01%.  ( 18 min )
    Visa Tops Analyst Earnings Predictions as Consumer Spending Stays Strong
    Record-high levels of credit card debt, a return to pre-pandemic levels of delinquency, and speculation on action by the Fed and U.S. lawmakers to limit fees and credit card interest rates could temper Visa's future performance.  ( 18 min )
    New Federal Rule Restricts Colleges Withholding Transcripts For Unpaid Debt
    Colleges will be banned from the controversial practice of withholding transcripts from students over unpaid bills under finalized rules announced by the Department of Education Tuesday.  ( 18 min )
    Coalition of 33 States Sues Meta Platforms for Harming Children's Mental Health
    A coalition of 33 states, along with nine attorneys general who filed separate lawsuits, sued tech giant Meta Platforms on Tuesday, alleging the company's social media platforms harm children and teenagers.  ( 18 min )
    How to Give an Exchange-Traded Fund (ETF) as a Gift
    Shares of Exchange-Traded Funds (ETFs) make a great gift because they offer diversified investment exposure and the potential to grow in value.  ( 30 min )
    Top Reasons for a Personal Loan
    While there are plenty of good reasons to take out a personal loan, thanks in large part to their versatility, there are also a few scenarios where it might be a bad idea.  ( 26 min )
    Alphabet Posts Strong Q3 Earnings on Robust Search, YouTube Ad Spend
    Google Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful.  ( 19 min )
    S&P 500 Gains and Losses Today: Verizon, 3M Earnings Help Power Index Higher
    The S&P 500 added 0.7% on Tuesday, Oct. 24, 2023, amid strong corporate earnings news and anticipation of the reports coming from big tech firms this week.  ( 16 min )
    Old Age, Survivors, Disability Insurance (OASDI) Program Basics
    The Old-Age, Survivors, and Disability Insurance (OASDI) program is the official name for Social Security in the United States.  ( 26 min )
    How Inflation Made the Middle Class Richer
    Before you complain about inflation, consider that it made the typical middle-class family $14,300 richer over the 36 years leading up to the pandemic.  ( 18 min )
    RTX Shares Jump After Earnings Beat, Stock Buyback, and Engine Inspection Update
    RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 17 min )
    How Warner Bros. Discovery Makes Money
    Warner Bros. Discovery makes the majority of its revenues through its distribution activities  ( 21 min )
    Americans Are Wealthier Than Ever. Why Do They Feel Worse About Their Finances?
    Americans are, by almost every measure, richer than ever on average. Yet, when asked about our finances in surveys, we’re feeling worse off.  ( 20 min )
    How to Give Bonds as a Gift
    Gifting a bond can boost the future finances of the recipient and, in the meantime, teach them a useful lesson about managing money.  ( 31 min )
    Spotify Shares Jump After Posting a Surprise Profit on Higher Prices and Cost Cuts
    Spotify posted a surprise profit and exceeded revenue estimates as it raised prices and reduced expenses.  ( 17 min )
    What Credit Score Do You Need for a Personal Loan?
    Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 26 min )
    GM Pulls Full-Year Guidance as UAW Strike Expands, Hitting Profits
    General Motors withdrew its full-year guidance in the company’s third-quarter earnings report amid uncertainty surrounding an ongoing strike by the United Auto Workers union.  ( 18 min )
    Balance Transfer vs. Personal Loan: What’s the Difference?
    Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 27 min )
    Oil, Gas, and Coal Demand Could Peak Before 2030, IEA Says
    The IEA suggested momentum toward clean energy could lead global demand for coal, oil, and gas to peak before 2030.  ( 17 min )
    Personal Loan vs. Debt Consolidation Loan: What’s the Difference?
    While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 25 min )
    Mortgage Rates Rise Back Up, But Stop Short of Historic Peak
    Rates on 30-year mortgages rose again, though they've stayed below the 23-year high they reached early last week. Rate averages were mixed across other loan types.  ( 19 min )
    Stellantis and Orano To Enter EV Battery Recycling Joint Venture
    The automaker and nuclear fuel cycle company's joint venture is aimed at securing materials needed to build electric vehicles (EVs), and is set to begin production in 2026.  ( 17 min )
    Bitcoin vs. Ripple Labs: What's the Difference?
    Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 25 min )
    When and How Can Spread Betting Be Profitable
    Providing tax-free income in some countries, spread betting can be highly profitable. Investopedia provides important points for success.  ( 25 min )
    Logitech Shares Spike After Reporting Profit Jumped as the PC Accessory Maker Cut Costs
    Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.  ( 17 min )
    5 Steps to Open a Certificate of Deposit (CD)
    There are several important factors to consider when choosing a certificate of deposit (CD). In this guide, we'll explain what you need to know.  ( 23 min )
    Short Selling vs. Put Options: What's the Difference?
    Short selling and put options are used to speculate on a potential decline in a security or index or to hedge downside risk in a portfolio or stock.  ( 28 min )
    The Truth About Naked Short Selling
    Some pundits demonize naked short selling, but it usually occurs after a collapse, not before.  ( 24 min )
    Markets Jump at Midday After Strong Earnings Amid Anticipation of Tech Reports
    U.S. equities rose at midday on Tuesday, Oct. 24, 2023 following strong earnings reports and ahead of updates from big tech companies including Microsoft and Google parent Alphabet.  ( 16 min )
    More Subprime Borrowers Are Falling Behind On Car Loans As Payments Surge
    As monthly car costs have soared, struggling borrowers are falling behind on their payments at the highest rates on record.  ( 17 min )
    3M Beats Estimates and Raises Its Outlook on Higher Prices and Cost-Cutting Measures
    3M beat profit and sales estimates and boosted its guidance on price hikes and expense reductions.  ( 17 min )
    EBITDA: Definition, Calculation Formulas, History, and Criticisms
    EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternative measure of a company's overall financial performance.  ( 29 min )
    The 6 Signs of an Economic Recovery
    For all the talk of whether the economy is recovering or sinking, what should a recovery actually look like? Here are six signals that may indicate a turnaround.  ( 24 min )
    What Is the Average Length of a Car Loan?
    The average length of a car loan is 72 months, which is six years but can vary from as short as 12 months to as long as 96 months.  ( 23 min )
    How to Get Approved for a Small Business Grant
    Cash grants for small businesses are available from the federal government, state or local governments, and some private companies, although the competition for them can be fierce. Here is what you need to know to get approved for one  ( 26 min )
    Wells Fargo Savings Account Interest Rates: October 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 22 min )
    SoFi Savings Account Interest Rates: October 2023
    SoFi savings account interest rates are above average and the financial services company charges no bank fees—two reasons this savings option is worth considering.  ( 26 min )
    USAA Savings Account Interest Rates: October 2023
    USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.  ( 24 min )
    U.S. Bank Savings Account Interest Rates: October 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 21 min )
    TD Bank Savings Account Interest Rates: October 2023
    You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )
    State Farm Savings Account Interest Rates: October 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 21 min )
    Marcus Savings Account Interest Rates: October2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 22 min )
    LendingClub Savings Account Interest Rates: October 2023
    Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )
    E*TRADE Savings Account Interest Rates: October 2023
    E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )
    Citibank Savings Account Interest Rates: October 2023
    Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 27 min )
    Charles Schwab Savings Account Interest Rates: October 2023
    Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )
    Coca-Cola Posts Stronger-Than-Expected Earnings on Higher Unit Volumes
    Coca-Cola (KO) beat estimates on both the top and bottom line for the third quarter, as consumers ramped up their purchases of soft drinks and other beverages despite the company's price hikes.  ( 18 min )
    GE Raises Full-Year Guidance After Strong 3Q; Share Price Rises
    Growth rates slowed relative to the second quarter but remained strong on stable air travel and renewable energy demand.  ( 17 min )
    Verizon's Earnings Beat Driven By Home and Business Internet, Wireless Subscribers Fall
    Verizon home and business wireless business boosted third quarter earnings even as the telecom giant lost cellular subscribers.  ( 17 min )
    Canada Pension Plan (CPP): Overview, How to Apply, FAQs
    The CPP or Canada Pension Plan is one of three levels of the retirement income system responsible for paying retirement or disability benefits.  ( 28 min )
    Top Spread Betting Strategies
    Illegal in the U.S., spread betting is high risk but offers high-profit potential, zero taxes, high leverage, and wide-ranging bid-ask spreads.  ( 25 min )
    How Social Security Survivor Benefits Work
    Spouses, ex-spouses, children, and dependent parents can be eligible for Social Security survivor benefits.  ( 29 min )
    5 Things to Know Before Markets Open
    General Electric raised its forecast for 2023 earnings as rebounding air travel demand improved the jet engine maker’s aerospace business and Redfin shares surged after the real estate brokerage secured $250 million in financing. Here’s what investors need to know today.  ( 18 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 29 min )
    When Do I Stop Paying Social Security Tax?
    Most Americans have to pay Social Security tax for their entire working lives, but there are a few exceptions to that rule, as described here.  ( 24 min )
    How to Read a Pay Stub
    Your pay stub contains important information about your earnings and deductions for taxes, insurance, and more. Learn all of the elements included on a pay stub and how to properly understand them.  ( 28 min )
    How Private Equity and Hedge Funds Are Taxed
    Private equity firms and hedge funds benefit from several controversial provisions in the current U.S. tax code, including carried interest.  ( 26 min )
    Debtor Nation: What it Means, How it Works
    A debtor nation has negative net investment after recording all of the financial transactions it has completed worldwide.  ( 22 min )
    Marginal Utility vs. Marginal Benefit: What’s the Difference?
    Learn about the different implications of marginal benefit and marginal utility in economics.  ( 25 min )
    Small Business Tax Obligations: Payroll Taxes
    Don't leave it up to your accountant. Business owners are ultimately responsible for fulfilling state, federal, and local tax obligations and payroll taxes.  ( 28 min )
    Fisher College of Business Definition
    The Fisher College of Business is the business school at Ohio State University, located in Columbus, Ohio.  ( 21 min )
  • Open

    Texas Instruments Forecast Signals That Slump Is Persisting
    (Bloomberg) -- Texas Instruments Inc. gave a disappointing revenue forecast for the current period, indicating that demand remains sluggish for a broad range of electronic components, including industrial equipment.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Ousts Defense Minister, Ending Mys  ( 35 min )
    Alphabet Earnings Beat Expectations. Why Its Stock Is Dropping.
    The Google parent reported revenue of $76.7 billion for its latest quarter, up 11% from a year ago.That wasn’t enough to lift the stock.  ( 18 min )
    Snap stock jumps more than 11% after earnings beat
    Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )
    Snap stock jump more than 11% after earnings beat
    Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )
    Texas Instruments Beat Earnings. Why Its Stock Is Dropping.
    An earnings beat wasn’t enough for Texas Instruments stock, which is down 11% this year, compared with the 32% rise for the iShares Semiconductor exchange-traded fund.  ( 15 min )
    The 2-Year Treasury Auction Saw Soft Demand. Why It Matters.
    Tuesday's auction of two-year Treasury notes saw tepid demand, signaling that investor enthusiasm for Treasuries continues to soften amid concerns about the federal deficit and the path of interest rates.  ( 19 min )
    Top CD Rates Today: Lock in 6.50% for 8 Months, or 6% for a Year or More
    The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 5.80% from Seattle Bank.  ( 21 min )
    Wall Street Bets Broadcom May Extend Stock Election Deadline for VMware Holders in Merger
    The companies plan to close on the transaction on Oct. 30. Investors appear to be betting that closing will be delayed.  ( 22 min )
    Nvidia says US sped up export curbs on AI chips
    Nvidia announced in a regulatory filing that the U.S. government sped up the implementation timeline for broader export controls on China's access to artificial intelligence chips.  ( 34 min )
    Block Stock: The Comeback is Underway, Says Deutsche Bank
    Block (NYSE:SQ) investors have had little to shout about this year. While other tech stocks have charged ahead, SQ shares have trended in the opposite direction; to wit, the stock has shed 28% of its value on a year-to-date basis. Sentiment has been low to such an extent that even after delivering a strong Q2 report boasting beats on both the top and bottom lines in addition to raising its operating income outlook, the less appealing aspects of the report took hold of the narrative. Assessing th  ( 34 min )
    Intel's Bold Move: Spinning Off Programmable Chip Unit To Compete With Taiwan's TSMC
    Driven by rising demand for chips in the pandemic era, semiconductor stocks have been one of the best-performing sectors over the past few years. The recent artificial intelligence (AI) boom propelled the need for semiconductors further, with chipmakers such as Nvidia Corp. (NASDAQ:NVDA) that cater to AI software becoming the biggest gainers. Intel Corp., which has long been the dominant chipmaker, has been restructuring its business to accommodate changing market dynamics. Intel has been laggin  ( 35 min )
    Visa Stock Rises On Earnings. 'Resilient Consumer,' Cross-Border Recovery Drive Payments Growth.
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    According to Warren Buffett, You're Already A 'Million-Dollar Asset' — But He Says You Can Boost Your Value By 50% Or More With A Few Simple Self-Improvements
    Your talent can be your ticket to wealth. As the legendary Warren Buffett put it in a 2010 Forbes interview with Jay-Z, "You're a million-dollar asset." Buffett emphasizes that your talent is unique, and no one can take it from you — not inflation or taxes, and no external force can diminish the value of your abilities. Buffett makes an intriguing offer to students he encounters. "I would pay you $100,000 for 10% of your earnings for the rest of your life," he said. Don’t Miss: Until 2016 it was  ( 34 min )
    Boeing Earnings Are Coming. Focus on This Number.
    Boeing will report third-quarter earnings Wednesday morning. The company's results have been notably hard to predict in recent years. Investors should focus on cash flow.  ( 20 min )
    Nikola Stock Jumps on Judgement Against Founder Trevor Milton
    An arbitrator ordered Nikola’former CEO to pay it $165 million.s  ( 14 min )
    Tech billionaire Michael Dell just gifted $350 million of stock - days before he's set to pocket a huge windfall
    The Dell Technologies CEO and founder made a big donation ahead of Broadcom's takeover of VMware, which promises to deliver a big payday for him.  ( 33 min )
    The Last Time US Yields Rose So Much, It Sank the Economy Twice
    (Bloomberg) -- There’s a good reason why investors are amazed that something hasn’t broken in the economy yet: The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions.Most Read from BloombergIsrael Latest: Blinken Says ‘Humanitarian Pauses’ Needed for AidAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyBig Tech Props Up Sto  ( 33 min )
    Ford Earnings To Rebound. Will It Be The Next Auto Giant To Yank Guidance?
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    Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand
    The company’s partnership with OpenAI has helped power new aritificial-intelligence businesses.  ( 28 min )
    Google Parent Alphabet’s Stock Falls Despite Better-Than-Expected Earnings
    Google parent Alphabet’s shares (GOOG, GOOGL) declined about 4% postmarket Tuesday after the tech giant released quarterly earnings results. Here is what Alphabet reported, versus FactSet consensus estima  ( 23 min )
    World at ‘tipping point’ following government debt binges, says HSBC boss
    The world is at a “tipping point” on debt that threatens to spark a global reckoning after years of government borrowing binges, the boss of HSBC has warned.  ( 34 min )
    Microsoft Trounces September-Quarter Goals On Cloud Computing Strength
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    RTX Shares Jump After Earnings Beat, Stock Buyback, and Engine Inspection Update
    RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 19 min )
    Amazon Earnings Are Coming; Here’s What Wall Street Expects
    The tech giants are out in numbers this week with many of the market leaders reporting Q3 earnings. Amongst them will be Amazon (NASDAQ:AMZN) with the ecommerce behemoth slated to deliver its third-quarter financial statement on Thursday (Oct 26) after the close. Looking ahead to the results, Monness’ Brian White, a 5-star analyst ranked in the top 1% of Street experts, is looking for Amazon to deliver revenues of $142.34 billion (above the Street at $141.43 billion). White’s figure factors in a  ( 34 min )
    Texas Instruments Tops Third-Quarter Earnings Target But Sales Light
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    BlackRock Spot Bitcoin ETF Gets Ticker; Crypto Funds Jump
    Proposed ETF anointed IBTC, as iShares creates mechanism to seed fund with cash.  ( 33 min )
    Microsoft stock jumps on revenue, earnings beats
    Microsoft reported its Q1 earnings after the bell on Tuesday, as investors look for signs that its AI investments are paying off.  ( 34 min )
    'Bond King' Bill Gross sees a recession in the 4th quarter and reveals what he's doing with his money
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    As student loan repayment returns, some borrowers have sticker shock
    Borrowers, who were not required to make payments during the pandemic, found higher figures when they logged in loan servicers to start repaying .  ( 37 min )
    JPMorgan CEO Jamie Dimon: Central banks have been 'dead wrong'
    JPMorgan Chase CEO Jamie Dimon slammed central banks like the Federal Reserve for being "100% dead wrong" when they tried to paint inflation as "transitory" 18 months ago.  ( 34 min )
    The pain isn't over for stocks - weak earnings will drag the S&P 500 down another 8%, Morgan Stanley CIO warns
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    The road ahead gets bumpier for Tesla as DOJ deepens scrutiny
    Days after disclosing earnings that disappointed Wall Street, Tesla revealed that its automated driving systems are under deepening federal scrutiny.  ( 34 min )
    Johnson & Johnson Shares Skirt a 52-Week Low. Here’s What’s Ailing Healthcare.
    It’s been a tough year for the sector and Johnson & Johnson stock.  ( 22 min )
    Boeing Earnings: Smaller Losses, Cash Flow In Spotlight After Sweeping Deal
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    Verizon Stock Gains Over 8%
    Verizon (VZ) stock was on pace for its largest one-day percentage gain since 2008. Revenue for the third quarter was $33.3 billion, in line with analyst’s estimates, while earnings per share came in at $1.22, above estimates for $1.18. That is great news for investors, but bond yields are another  ( 12 min )
    Bill Gates Has Already Lost Millions On His Bud Light Comeback Bet
    Bill Gates, the seventh-richest person in the world according to the Forbes 2023 list, has been losing money on one of his latest investment bets. Gates, who amassed his wealth by cofounding and leading Microsoft Corp. for decades before retiring in 2008, has since focused on investing in private corporations and publicly traded companies. In the fiscal second quarter of 2023, Gates purchased over 1.7 million shares of Anheuser-Busch InBev (NYSE:BUD), maker of popular beer brands including Bud L  ( 35 min )
    Snap shares jump more than 11% after earnings beat
    Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )
    Oil Extends Losses Below $84 as Israel Rethinks Ground Invasion
    (Bloomberg) -- Oil held near $90 a barrel after Monday saw the biggest drop since Hamas’s attack on Israel, amid signs the conflict will remain contained for the time being. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyDisney Said to Near Multibillion-Dollar Deal With RelianceGlobal benchmark Bre  ( 33 min )
    Nikola claws back $165 million from founder Trevor Milton
    Nikola Corp. has won $165 million in arbitration from convicted founder Trevor Milton, but it wants to recover attorney fees, too. The post Nikola claws back $165 million from founder Trevor Milton appeared first on FreightWaves.  ( 34 min )
    Cleveland-Cliffs CEO Stays Mum on Efforts to Buy U.S. Steel
    Cleveland-Cliffs CEO Lourenco Goncalves isn't commenting on the steelmaker's attempts to acquire rival United States Steel, citing an agreement with U.S. Steel to refrain from disclosing information about the nego  ( 24 min )
    This Is How High Americans' Net Worth Are at Every Age
    Measuring your own wealth can be a tricky thing but seeing how you compare with other households can be a useful way to assess your finances. The real financial benchmarks to measure, however, are your own. Are you achieving your goals? Are you on track to keep doing so in the future? Here are a […] The post Common Net Worth Statistics You Need to Know appeared first on SmartReads by SmartAsset.  ( 35 min )
    3 Permian Basin Hotshots Near Buy Points Amid Takeover Fever After ExxonMobil, Chevron Deals
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    How High Is the Average Americans' Net Worth at 50?
    The average net worth of an American household headed by a 50-year-old is $897,663, according to Federal Reserve data. This mid-career milestone highlights the importance of diligently building wealth over time. Understanding net worth benchmarks by age provides a measuring stick to gauge your own financial progress. With strategic planning and discipline, you can take […] The post What Is the Average Net Worth of a 50-Year-Old? appeared first on SmartReads by SmartAsset.  ( 34 min )
    UAW expands strike against GM, walking out of Texas SUV plant
    The United Auto Workers (UAW) union struck a General Motors assembly plant in Texas on Tuesday that builds the U.S. automaker's profitable full-size sport utility vehicles, in another significant expansion of the strike. The UAW said another 5,000 workers are going on strike.  ( 31 min )
    Amazon Stock Gets a New Buy Rating Ahead of Earnings. There’s More to It Than AWS.
    Amazon.com stock is still a buy after this year's robust gains, according to an analyst, who cited the company's cloud business and retail sales performance.  ( 17 min )
    Nikola awarded $165 million in arbitration proceeding with founder Trevor Milton
    Nikola Corp. has been awarded $165 million in an arbitration proceeding with its founder and former executive chairman, according to a regulatory filing. The electric and hydrogen-powered heavy truck maker said in a filing with the Securities and Exchange Commission that it sought reimbursement from Trevor Milton for costs and damages related to actions that were part of government and regulatory investigations, including a December 2021 SEC settlement and associated civil penalty. Milton previously pleaded not guilty to securities and wire fraud.  ( 33 min )
    Bitcoin surged above $35,000 to highest level since 2022
    Bitcoin pushed higher amid optimism about regulatory approval of a product that would allow investors to get exposure to the cryptocurrency without having to own it.  ( 35 min )
    DraftKings Stock Jumps on Upgrade. Analyst Team Is ‘Going All In.’
    MoffettNathanson lifted its rating on the sports betting company to Buy from Neutral.  ( 15 min )
    Microsoft’s Earnings Are Coming Today. Here’s What to Expect
    Shares of Microsoft ticked up in early trading Tuesday as investors prepared for the tech giant to report quarterly results after the closing bell. Investors will watch for updates about the state of its artificial-inte  ( 23 min )
    Bitcoin Price Roars Above $34,000 As Crypto Regains Confidence. Cathie Wood Cashes In.
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    Coinbase Stock Rallies With Bitcoin. How the Broker Fits Into the ETF Frenzy.
    Coinbase could benefit from spot Bitcoin ETF approvals, and not just because crypto is getting popular again.  ( 18 min )
    Bitcoin Price Jumps Above $34,500
    Bitcoin surged in value early Tuesday, extending a runup for the largest cryptocurrency. The digital token was recently quoted at about $34,597, up more than 9.5% from its late-Monday level, according to CoinDesk. A few hours earlier it had reached around $35,000. Crypto-related stocks also gained  ( 24 min )
    Vanguard Says Debt Investors Dreading Rates Rout Are Missing Out
    (Bloomberg) -- Vanguard Group Inc. has a message for investors waiting for the all-clear before returning to fixed income following a brutal rout this summer: “Shake it off.”Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyDisney Said to Near Multibillion-Dollar Deal With RelianceThe world’s second-l  ( 33 min )
    ConocoPhillips Should Buy an Oil Stock After Chevron-Hess Deal. Here Are 2 Targets.
    ConocoPhillips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.  ( 16 min )
    We're 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year?
    Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per year […] The post We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Alphabet Q3 earnings preview: AI and cloud in focus, regulatory concerns grow
    Google parent Alphabet will report its Q3 earnings after the bell on Tuesday.  ( 34 min )
    RTX Stock Rallies On Earnings, Engine Defect Update. General Dynamics, Northrop Grumman To Report.
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    Investors Get Nvidia-Like Gains This Year On 6 Smallish Stocks
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    Danaher Tops Earnings and Revenue Estimates. The Stock Is Rising.
    Danaher posts third-quarter earnings of $2.02 a share on revenue of $6.87 billion.  ( 14 min )
    UPDATE 1-NextEra beats third-quarter profit on renewable energy strength
    NextEra Energy reported third-quarter profit that beat Wall Street estimates on Tuesday, on the back of additional projects at its renewable energy unit. NextEra, which generates more wind and solar power than any other company in the world, has benefited from a clean energy investment push in the U.S. that has received major policy support after the passage of the Inflation Reduction Act last year. "NextEra Energy Resources had its best renewables and storage origination quarter in its history, adding approximately 3,245 megawatts to its backlog, which now totals over 21 gigawatts, net of projects placed in service," said CEO John Ketchum.  ( 33 min )
    ‘Bond King’ Bill Gross says it’s time to stop betting against bonds and get ready for a economic slowdown: ‘Recession in 4th quarter’
    'Bond King' Bill Gross said a recession is coming for the U.S. economy in the fourth quarter.  ( 33 min )
    Verizon Shares Rise After Earnings Top Expectations
    Verizon Communications shares rose after the telecommunications company posted third-quarter results ahead of Wall Street expectations. Profit and earnings fell as the company faced pressure in its consumer and business operations. Verizon did increase its outlook for free cash flow for the year.  ( 23 min )
    Coca-Cola Earnings and Sales Rise, Boosted by Higher Prices
    Coca-Cola reported higher earnings and revenue for the third quarter, which was boosted by higher prices and a slight increase in sales volumes. The beverage giant lifted its outlook for the year in light of its performance so far this year, although it expects a stronger headwind from currency tra  ( 23 min )
    Coca-Cola Beats Earnings Estimates and Raises Guidance
    Coca-Cola expects full-year organic revenue growth of 10% to 11%.  ( 21 min )
    NextEra beats Q3 profit estimates on strength of utilities, renewables businesses
    NextEra Energy reported third-quarter profit that beat Wall Street estimates on Tuesday, on the back of additional projects at its renewable energy unit. On an adjusted basis, the company earned 94 cents per share in the reported quarter, compared with estimates of 88 cents, according to LSEG data.  ( 32 min )
    PayPal rival used by Uber and Spotify has lost so much market value in U.S. push that it’s cost its founders $2 billion this year
    Amsterdam-based Adyen has seen a slowdown just as it amps up its U.S. expansion where rivals like PayPal and Stripe dominate.  ( 34 min )
    Verizon Earnings, Wireless Subscriber Growth Top Estimates
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    Daily Spotlight: Demand Shifts for U.S. Debt
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    Technical Assessment: Neutral in the Intermediate-Term
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    Daily – Vickers Top Buyers & Sellers for 10/24/2023
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    Daily – Vickers Top Insider Picks for 10/24/2023
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    Verizon raises free cash flow forecast as subscriber additions top estimates
    The company now expects annual free cash flow (FCF) to be higher than $18 billion, at least $1 billion increase from its prior forecast. Its third-quarter FCF of $6.7 billion beat estimates by more than $1.3 billion, according to Visible Alpha. Verizon, whose plans typically cost more than its peers, added 100,000 net monthly-bill-paying wireless phone subscribers in the third quarter, compared with expectations for 63,600 additions, according to Factset.  ( 33 min )
    Israel-Hamas War Puts Focus On These Two Defense Stocks Setting Up Bullish Patterns
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    RTX beats Q3 estimates on Collins business strength, approves $10 billion share repurchase
    The company also said it has approved a $10 billion share repurchase program, which would commence almost immediately. In its second-quarter earnings report, RTX disclosed it had found microscopic containments in powdered metal, used to manufacture high-pressure turbine discs that are part of the engine's core, the presence of which could lead to cracks in the engine. RTX had at the time said 200 engines would require "accelerated inspection" with 60 days to fix each engine with a contamination issue.  ( 33 min )
    GM Reports $3.1 Billion Profit, Despite UAW Strike Hit
    The Detroit automaker is now losing about $200 million a week from factory walkouts.  ( 28 min )
    3M Says Business Is Improving, Boosts Earnings Guidance
    The conglomerate said efforts to improve performance and control costs are bearing fruit.  ( 27 min )
    General Electric Raises Forecasts, Sets Power Spinoff for Spring 2024
    General Electric raised its financial outlook and said it will shed its power business in the second quarter of 2024, the final step in a breakup of the industrial giant. The step will leave GE’s aerospace unit as a standalone business, with both companies trading separately on the New York Stock E  ( 24 min )
    Market Digest: ABT, HBAN, MAN, RF, T
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    Spotify turns a profit in Q3 as total users, gross margins beat expectations
    Spotify will report earnings before the bell on Tuesday. Here's what to expect.  ( 34 min )
    GE Beats Earnings Estimates and Raises Guidance. The Stock Jumps.
    GE raises full-year earnings guidance to a range of $2.55 to $2.65 a share, up from prior guidance of $2.10 to $2.30.  ( 18 min )
    GE raises 2023 profit forecast yet again on aviation boom
    The Boston, Massachusetts-based company now expects 2023 adjusted profit per share of $2.55 to $2.65, compared with its earlier forecast of $2.10 to $2.30. GE's aviation business, its cash cow, has been lifted by a surge in demand for aftermarket services as a strong rebound in air travel prompted airlines to use jets for longer against the backdrop of shortage of commercial planes.  ( 33 min )
    ConocoPhillips Could Be Next Big Oil Acquirer After Chevron-Hess Deal
    ConocoPhillips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.  ( 16 min )
    Employee of chip equipment giant ASML accused of stealing company secrets went to Huawei: report
    A former employee of ASML Holding accused of stealing trade secrets from the manufacturer of the world's most advanced semiconductor-making equipment, later worked for Huawei Technologies, according to a Dutch media report. ASML disclosed in its 2022 annual report published in February that one of its former China-based employees had engaged in "unauthorised misappropriation of data relating to proprietary technology" that may have violated some export controls. ASML CEO Peter Wennink characteri  ( 34 min )
    Are I Bonds a good investment? Shake-up in rates changes the answer (a little)
    Savers scrambled to buy I Bonds when inflation surged in 2021 and 2022. Both fixed and inflation-linked rates are due to rise again in November.  ( 36 min )
    ‘The Bull Market Can Continue to Roll On;’ BMO’s Brian Belski Predicts Further Gains for Stocks — Here Are 3 Names to Play That Bullish Sentiment
    We recently passed an anniversary, of sorts – one year to the day since the stock market hit bottom. On October 12 of last year, the S&P 500 reached its trough; since then, the market trend has been upward despite some volatility and a recent pullback. Brian Belski, chief investment strategist from BMO Capital, believes that we’re into a secular bull market now. Looking at a series of factors – general economic growth, the slowing pace of inflation, the stage of the Fed’s monetary policy, Belski  ( 38 min )
    Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
    (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting “100% dead wrong” about 18 months ago should prompt some humility about the outlook for next year.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarIsrael Latest: Biden, Netanyahu Discuss Hostages, US Deploy  ( 33 min )
    Deficit doubling as US economy grows shows why yields are at 5%
    (Bloomberg) -- In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting a dire fiscal trajectory likely to only worsen the partisan budget battles in Washington.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarIsrael Latest: Biden, Netanyahu Discuss Hostages, U  ( 35 min )
    Barclays Profit Fell 16% in Third Quarter
    Barclays just had a rough third quarter—and suggested big changes are imminent. The British banking giant said Tuesday that profit fell 16% in the three months through September, compared to a year earlier. That reflected persistent weakness in investment banking and competitive pressures in retail  ( 23 min )
    Alphabet Earnings Are Coming. Expect Strength in Ads and Cloud Computing.
    The Street expects the parent of Google and YouTube to post sales of $76 billion, up 10% from a year earlier, with profits of $1.46 a share.  ( 20 min )
    Microsoft Earnings Will Raise More Questions About AI. The Answers Could Take Time.
    Microsoft shares have stalled as investors await a payoff from generative AI.  ( 22 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 29 min )
    Bitcoin Surges To 17-Month High Amid Spot Bitcoin ETF Progress
    Updated BlackRock filing indicates spot Bitcoin ETF could be seeded this month  ( 34 min )
    Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism
    (Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItHostages and Hezbollah Force Israel to Rethink Gaz  ( 33 min )
    'Stocks are the place to be': Wharton professor Jeremy Siegel says rising geopolitical risks represent a buying opportunity
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    These 2 ‘Magnificent Seven’ Stocks Have up to 155% Upside Potential, Analysts Say
    Recent months have seen increased volatility in the stock markets, as both the S&P 500 and the NASDAQ have given back some of the gains they posted earlier in the year. Stocks are coming under pressure from a variety of headwinds – but one that stands out recently comes from the bond market. Treasury bond yields and stocks tend to move in opposite directions, and earlier today the 10-year treasury bond rose to a peak of 5.02%, its highest level since July 2007. The yield was as low as 3.3% as re  ( 36 min )
    Bitcoin, Cryptocurrency Stocks Surge As SEC Ordered To Review Grayscale Spot Bitcoin ETF Application
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    Musk's Boring Company shares rise over 22% in employee share sale - The Information
    Elon Musk's tunneling enterprise The Boring Company has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the company last year, The Information reported on Monday. The sale priced shares at $24 each, the report said citing people familiar with the matter.  ( 31 min )
  • Open

    Microsoft Beats Analyst Predictions for Fiscal Q1 On Strong Cloud Growth
    Microsoft (MSFT)'s fiscal first-quarter earnings beat analysts' expectations as the company's Azure cloud computing segment grew more than predicted.  ( 1 min )
    Alphabet Posts Strong Q3 Earnings on Robust Search, YouTube Ad Spend
    Google Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful.  ( 1 min )
    Visa Tops Analyst Earnings Predictions as Consumer Spending Stays Strong; Concerns Loom
    Record-high levels of credit card debt, a return to pre-pandemic levels of delinquency, and speculation on action by the Fed and U.S. lawmakers to limit fees and credit card interest rates could temper Visa's future performance.  ( 1 min )
    Coalition of 33 States Sues Meta Platforms for Harming Children's Mental Health
    A coalition of 33 states, along with nine attorneys general who filed separate lawsuits, sued tech giant Meta Platforms on Tuesday, alleging the company's social media platforms harm children and teenagers.  ( 1 min )
    RTX Shares Jump After Earnings Beat, Stock Buyback, and Engine Inspection Update
    RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 1 min )
    Spotify Shares Jump After Posting a Surprise Profit on Higher Prices and Cost Cuts
    Spotify posted a surprise profit and exceeded revenue estimates as it raised prices and reduced expenses.  ( 1 min )
    Stellantis and Orano To Enter EV Battery Recycling Joint Venture
    The automaker and nuclear fuel cycle company's joint venture is aimed at securing materials needed to build electric vehicles (EVs), and is set to begin production in 2026.  ( 1 min )
    Logitech Shares Spike After Reporting Profit Jumped as the PC Accessory Maker Cut Costs
    Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.  ( 1 min )
    3M Beats Estimates and Raises Its Outlook on Higher Prices and Cost-Cutting Measures
    3M beat profit and sales estimates and boosted its guidance on price hikes and expense reductions.  ( 1 min )
    Coca-Cola Posts Stronger-Than-Expected Earnings on Higher Unit Volumes
    Coca-Cola (KO) beat estimates on both the top and bottom line for the third quarter, as consumers ramped up their purchases of soft drinks and other beverages despite the company's price hikes.  ( 1 min )
    Verizon's Earnings Beat Driven By Home and Business Internet, Wireless Subscribers Fall
    Verizon home and business wireless business boosted third quarter earnings even as the telecom giant lost cellular subscribers.  ( 1 min )
  • Open

    Ruim 20 staten VS klagen Meta aan vanwege psychische schade door Facebook
    Meer dan twintig staten in de Verenigde Staten klagen Meta aan. Dat is het bedrijf achter onder meer Facebook en Instagram. De staten vinden dat Facebook en Instagram jonge gebruikers uitbuiten voor winst en hen schadelijke inhoud laten zien.  ( 8 min )
    Finse politie vist anker op bij plek waar gaspijplijn kapot ging
    De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat de politie vlak bij de plek van de breuk een anker heeft opgevist. Wellicht was dat onderdeel van een Chinees containerschip.  ( 8 min )
    Minder voor meer: Consumentenbond stapt naar de rechter om krimpflatie
    De Consumentenbond sleept enkele bedrijven voor de rechter voor krimpflatie. Deze fabrikanten verminderden stiekem de inhoud van verpakkingen terwijl de prijs van het product hetzelfde bleef of zelfs hoger werd.  ( 8 min )
    Tweede Kamer stemt voor ruimere aftapmogelijkheden bij AIVD en MIVD
    De Tweede Kamer stemt in met een aanpassing van de inlichtingenwet. Door de tijdelijke wet moeten inlichtingendiensten AIVD en MIVD meer bevoegdheden krijgen om internetverkeer te onderscheppen. De bedoeling is dat ze hierdoor sneller cyberdreigingen vanuit het buitenland herkennen.  ( 9 min )
    Door vergrijzing neemt het tekort aan zorgpersoneel elk jaar toe
    In de zorgsector zijn momenteel 52.000 vacatures. Dat is volgens uitzender Randstad een nieuw record. Er zijn door vergrijzing vier keer zoveel zorgbanen beschikbaar als tien jaar geleden, blijkt uit onderzoek van het bedrijf. Ook in andere sectoren zijn nog tekorten.  ( 9 min )
    Bedrijven omzeilen regels voor hergebruik wegwerpplastic
    Een groot deel van de bedrijven in Nederland ontwijkt regels voor het hergebruik van plastic verpakkingen voor eten en drinken. Daardoor vermindert de hoeveelheid plastic zwerafval niet. Dat meldt de Inspectie Leefomgeving en Transport (ILT) dinsdag.  ( 8 min )
    Spotify profiteert van meer abonnees en verhoogde maandprijzen
    Elke maand luisteren 574 miljoen mensen naar muziek op Spotify. Daarvan betalen er 226 miljoen mensen voor de dienst, de rest heeft een gratis account met reclames. Dat blijkt uit de kwartaalcijfers van het Zweedse bedrijf (pdf).  ( 9 min )
    Viaplay stelt publicatie kwartaalcijfers uit om over eigen toekomst te praten
    Viaplay heeft op het laatste moment de publicatie van zijn kwartaalcijfers uitgesteld. Het Zweedse mediabedrijf overlegt met aandeelhouders en geldschieters over zijn toekomst, want het gaat niet goed met de streamingdienst.  ( 9 min )
    Hermès verkoopt meer dure handtassen ondanks hoge inflatie
    De Birkin-handtassen van Hermès zijn ook in tijden van hoge inflatie ongekend populair. Vooral rijke klanten in de Verenigde Staten en Europa bleven het luxemerk trouw, waardoor Hermès zijn verkopen met 16 procent zag stijgen in het derde kwartaal.  ( 8 min )
    Klanten waarschuwen voor oplichting via mailsysteem van Booking.com
    Booking.com lijkt last te hebben van oplichters. Via het berichtensysteem van het boekingsplatform worden nepberichten verstuurd, zo melden meerdere gebruikers.  ( 9 min )
    Overheid komt beloftes niet na bij herstel van schade na rampen
    Als na een ramp de schade moet worden hersteld, komt de overheid gedane beloftes niet altijd na. De overheid gaat te weinig met slachtoffers in gesprek en leert niet van eerder gemaakte fouten, concludeert Nationale ombudsman Reinier van Zutphen dinsdag.  ( 10 min )
    IJslandse premier dinsdag niet aan het werk uit protest tegen loonkloof
    In IJsland zijn veel vrouwen dinsdag niet aan het werk gegaan. Ook premier Katrín Jakobsdóttir legt haar werk voor een dag neer. Met de staking wordt aandacht gevraagd voor de loonkloof tussen mannen en vrouwen.  ( 9 min )
    Duitsland stoot Japan na decennia uit top drie grootste economieën ter wereld
    Duitsland zal later dit jaar de op twee na grootste economie van de wereld zijn, achter de Verenigde Staten en China. Japan verdwijnt daardoor na tientallen jaren uit de top drie. Ook India klimt op de ranglijst.  ( 9 min )
    Duitsland passeert Japan als derde grootste economie van de wereld
    Duitsland zal later dit jaar de derde economie van de wereld zijn, achter de Verenigde Staten en China. Japan verdwijnt daardoor na tientallen jaren uit de top drie. Ook India klimt op de ranglijst.  ( 9 min )
    SpaceX gaat Europese satellieten lanceren vanwege vertraging met ESA-raket
    SpaceX gaat voor het eerst vier satellieten van de Europese ruimtevaartorganisatie ESA lanceren. Het gaat om navigatiesatellieten voor het navigatienetwerk Galileo. SpaceX lanceert de satellieten omdat ESA's eigen Ariane 6-raket nog niet af is.  ( 9 min )
    Bitcoin stijgt naar hoogste waarde in bijna anderhalf jaar tijd
    De prijs van de bitcoin lag dinsdagochtend even boven de 35.000 dollar (ruim 32.750 euro). Sinds mei 2022 was de cryptomunt niet zo veel waard als nu. Dat komt doordat er extra vraag naar bitcoin wordt verwacht.  ( 8 min )
    Bitcoin stijgt naar hoogtste waarde in bijna anderhalf jaar tijd
    De prijs van de bitcoin lag dinsdagochtend even boven de 35.000 dollar (ruim 32.750 euro). Sinds mei 2022 was de cryptomunt niet zo veel waard als nu. Dat komt doordat er extra vraag naar bitcoin wordt verwacht.  ( 8 min )
    Tegen 2030 rijden er mogelijk tien keer zoveel auto's met een stekker op de weg
    Richting 2030 worden grote stappen gezet in de vervanging van fossiele brandstoffen. Energieagentschap IEA schat dat vanaf dat jaar de vraag naar fossiele brandstoffen wereldwijd zal afnemen, mede doordat er dan mogelijk tien keer zoveel elektrische auto's rondrijden als nu.  ( 9 min )
  • Open

    S&P 500 Gains and Losses Today: Verizon, 3M Earnings Help Power Index Higher
    The S&P 500 added 0.7% on Tuesday, Oct. 24, 2023, amid strong corporate earnings news and anticipation of the reports coming from big tech firms this week.  ( 1 min )
    Oil, Gas, and Coal Demand Could Peak Before 2030, IEA Says
    The IEA suggested momentum toward clean energy could lead global demand for coal, oil, and gas to peak before 2030.  ( 1 min )
    Markets Jump at Midday After Strong Earnings Amid Anticipation of Tech Reports
    U.S. equities rose at midday on Tuesday, Oct. 24, 2023 following strong earnings reports and ahead of updates from big tech companies including Microsoft and Google parent Alphabet.  ( 1 min )
    Dow Jones Today: Futures Up Ahead of Big Tech Earnings; Bitcoin Jumps on ETF Optimism
    Stock futures were higher in premarket trading Tuesday as investors prepared for a busy day of earnings with reports from Microsoft, Google-parent Alphabet, and Visa after the bell.  ( 1 min )
    5 Things to Know Before Markets Open
    General Electric raised its forecast for 2023 earnings as rebounding air travel demand improved the jet engine maker’s aerospace business and Redfin shares surged after the real estate brokerage secured $250 million in financing. Here’s what investors need to know today.  ( 1 min )

  • Open

    The S&P 500 is poised for a 14% rally as stocks are flashing signs of being oversold, strategist says
    No content preview
    PayPal is under the microscope ahead of earnings; Here’s what to expect
    In the wake of 2022’s bear market, not many were expecting the bull market that defined the first half of the year to take place. But that was not the only surprise on offer. Also contrasting sharply with expectations set out at the start of 2023, Deutsche Bank analyst Bryan Keane notes e-commerce volumes have been “far more robust than expected,” and with all relevant metrics indicating resilience in online spending, this strength continued into 3Q23. As such, with PayPal’s (NASDAQ:PYPL) Q3 ear  ( 34 min )
    Why Venezuela Is About to Lose Its Oil Crown Jewel
    (Bloomberg) -- Venezuela is entering the final stage of a long legal battle in which its most valuable foreign asset, Citgo Petroleum Corp., will be auctioned off to settle claims against the government and its oil company. Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground Wa  ( 35 min )
    What Microsoft's Stock Chart Is Telling Investors Ahead Of Earnings
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    Verizon’s Results Are on Tap. It’s All About Subscriber Growth.
    Both earnings and revenue at Verizon Communications are expected to be lower in the latest quarter than in the same period a year earlier.  ( 17 min )
    Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market
    No content preview
    8 Types of Americans Who Aren’t Eligible to Get Social Security
    Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.  ( 29 min )
    Cadence Design Systems Tops Q3 Views But Misses With Outlook
    No content preview
    Top CDs Today: There's Still Time to Lock in a Rate of 6% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff
    An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff.  ( 34 min )
    Chevron Muscles Into Hottest Oil Patch With $53 Billion Purchase
    (Bloomberg) -- The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil Corp.’s prized asset. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007Car Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionS&P 500 Holds Its Ground Amid Wild Treasury Moves: Markets WrapC  ( 34 min )
    Shocked by a spike in car insurance rates? Here are 9 ways to save money
    Here is what experts say is behind inflated car insurance prices and what you can do to save money without sacrificing thorough coverage on your vehicles.  ( 34 min )
    Plug Power Stock: Set up for Long-Term Growth, Says Analyst
    Never one to shy away from an announcement or two, at a recent annual symposium, Plug Power (NASDAQ:PLUG) announced that it had reached an agreement with Fortescue to be the preferred supplier for 550MW PEM electrolyzers for its Gibson Island project in Brisbane, Australia. The terms of the MOU (memorandum of understanding) also stipulate that Plug and Fortescue will assess potential joint investments in projects aimed at producing green hydrogen in North America. Additionally, both parties are  ( 34 min )
    Nvidia to Challenge Intel With Arm-Based Processors for PCs
    (Bloomberg) -- Nvidia Corp. is developing chips with Arm Holdings Plc technology that would challenge Intel Corp. processors in personal computers, Reuters reported.Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItS&P 500 Struggles Near Key Level; Bonds Rebound: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantHostages and Hezbollah Force Israel to Ret  ( 33 min )
    Biden-Backed Battery Firm Plummets After Pausing Construction
    (Bloomberg) -- Li-Cycle Holdings Corp., which is set to receive significant backing from the Biden administration, saw its share price slashed nearly in half after announcing it would pause construction on a first-of-its-kind lithium ion battery recycling plant.Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItS&P 500 Struggles Near Key Level; Bonds Rebound: Markets WrapAn Oil Giant Q  ( 33 min )
    Dow Jones Dips As Bill Ackman Unwinds This Big Bet; Tesla Stock Fights For Key Level
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    Traders to Find It Harder to Shed VMware Shares After Monday
    (Bloomberg) -- Traders betting on whether VMware Inc. will successfully sell itself to Broadcom Inc. could find it harder to get out of at least part of their position after Monday. Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItS&P 500 Struggles Near Key Level; Bonds Rebound: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantHostages and Hezbollah Fo  ( 34 min )
    Return-to-office mandates aren’t working: Most workers are ready to quit for a remote job, even if it means a pay cut
    That’s bad news for bosses who are holding on to the hope of a full office return.  ( 34 min )
    Tesla under investigation by US authorities over driving range claims
    Tesla is under investigation by US authorities following claims the electric carmaker has been misleading customers over the driving range of its vehicles.  ( 34 min )
    Stocks won't have 'sustainable rally' until bond yield hits pre-financial crisis level
    Stocks have largely been held back by rising bond yields. But one strategist sees a key potential turning point around 5.25% on the 10-year Treasury yield.  ( 34 min )
    Billionaire hedge funder Bill Ackman is suddenly more worried about a ‘slowing’ economy than inflation—and he’s putting his money where his mouth is
    “The economy is slowing faster than recent data suggests,” Ackman warned in a Monday post on X, formerly Twitter.  ( 33 min )
    Insurance companies have discovered devious new ways to rip you off
    Home, health, and auto insurers are using creepy new technology to jack up your premiums and deny your claims.  ( 39 min )
    Analyst Report: Blackstone Inc
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    Analyst Report: Schlumberger Ltd.
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    Occidental Petroleum Stock Falls. It Lost a Potential Buyer.
    Chevron was considered a potential buyer for Occidental, given that both companies are big players in the Permian basin.  ( 17 min )
    Market Update: BX, SLB
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    Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors
    U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year's brutal selloff, betting that the Federal Reserve is at the end of its rate hiking cycle and that the economy will slow next year. Despite a "cruel summer for bond investors," long-term bonds continue to remain attractive as the economy will likely enter a shallow recession next year, the world's second-largest asset manager said in a fixed income outlook seen by Reuters. U.S. Treasury yields, which move inversely to prices, have risen sharply over the past few months, with benchmark 10-year Treasury yields trading above 5% on Monday for the first time since 2007.  ( 33 min )
    Chevron’s All-Stock Deal for Hess Is Surprising. Why Wall Street Isn’t Thrilled.
    No content preview  ( 27 min )
    'If People Weren't So Often Wrong, We Wouldn't Be So Rich' — Warren Buffett And Charlie Munger Have No Interest In Encouraging Others To Buy The Same Investments They Hold
    Legendary billionaire investor Warren Buffett is widely recognized as one of the greatest financial minds of this era. Over the course of several decades, he amassed a significant fortune through shrewd investment strategies and timeless wisdom. During the 2015 Berkshire Hathaway Inc. annual meeting, Buffett shared his perspective on the curious dynamics of discussing the company's investments. He offered insights into why he refrains from "talking up" Berkshire's investments, shedding light on  ( 35 min )
    Warren Buffett Explains Why Some People Shouldn't Bother Investing In Stocks — 'If You're Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn't Own The Stock At All'
    World-famous investor and Berkshire Hathaway Inc. CEO Warren Buffett has earned a reputation for his immense success in the world of finance. He is known for his straightforward and practical approach to investing, which has made him a trusted source of financial wisdom for millions. In a 2018 CNBC interview, Buffett shared insights on interest rates, stocks and investor behavior, and his advice remains relevant in today's challenging economic climate marked by inflation and rising interest rate  ( 35 min )
    Elon Musk Worked At A Bank Making $14 Per Hour — This Led Him To The Conclusion That 'Bankers Are Rich And Dumb' And Only Copy Each Other
    Elon Musk, a name synonymous with space exploration, electric cars and cutting-edge technology, started his journey in a way that could be seen as unconventional even by the standards of aspiring entrepreneurs. While at Queen's University in Canada, Musk and his brother Kimbal employed an unconventional method for mentorship: cold-calling people they found intriguing. One such person was Peter Nicholson, a high-ranking executive at Scotiabank. What made this relationship interesting were the sub  ( 35 min )
    Bill Gross Sees a Recession By Year End
    (Bloomberg) -- Bill Gross says he’s buying futures tied to the Secured Overnight Financing Rate and sees a recession in the fourth quarter. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007Car Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionS&P 500 Holds Its Ground Amid Wild Treasury Moves: Markets WrapPosting on  ( 32 min )
    Ozempic Maker Novo Nordisk Has a Weight Problem
    What happens when one company accounts for more than half of a stock index?  ( 29 min )
    UAW Workers Walk Out of Stellantis Plant in Michigan. This One Hurts.
    The union says it's on strike at the Sterling Heights Assembly Plant in Michigan, which makes Dodge RAM 1500 pickup trucks.  ( 19 min )
    Hess Family Stake Valued at $5 Billion With Chevron Takeover
    (Bloomberg) -- Leon Hess founded Hess Corp. with a secondhand truck delivering fuel oil during the depression. Ninety years later, his son, John Hess, has agreed to sell the US oil producer to Chevron Corp. in a deal that crystallizes the value of the stake controlled by the family at about $5 billion.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007Israel Latest: Oil Declines as Hos  ( 33 min )
    Walgreens Is Entering a ‘New Era for Shares.’ The Stock Gets an Upgrade.
    No content preview  ( 19 min )
    Li-Cycle Stock Tumbles 40% After Battery Recycling Startup Pauses Factory Construction
    Shares of Li-Cycle Holdings are down more than 40% to about $1.30 after the battery recycling company said it is pausing construction on a facility in Rochester, N.Y., citing high costs. The turbulence could impact Li-Cycle's pending agreement with the Department of Energy for a [$375 million loan]  ( 24 min )
    Billionaire investor Ackman says 'covered our bond short'
    Ackman said in August that his hedge fund had placed a bet against U.S. 30-year Treasuries, calling it both a hedge on the impact of higher long-term rates on stocks and a good standalone bet. "The economy is slowing faster than recent data suggests," Ackman wrote on messaging platform X, formerly known as Twitter. Hedge funds have rapidly built up short positions in U.S. Treasuries futures this year as part of the so-called 'basis trade', a leveraged arbitrage play profiting from price differences between cash bonds and futures.  ( 32 min )
    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
    Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a … Continue reading → The post Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market? appeared first on SmartAsset Blog.  ( 35 min )
    Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite?
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    GE Earnings Due. After 65% Rally For GE Stock, Investors Await Aero Pure Play.
    No content preview
    Morgan Stanley Weighs in on NIO Stock Following JAC Asset Sale
    Is Nio (NYSE:NIO) planning to become more self-sufficient? Last week, Anhui Jianghuai Automobile Group (JAC) announced plans to sell factory assets with a net book value worth of RMB 4.2 billion (~$574 million) and an evaluated value of about RMB 4.5 billion (~$615 million). Amongst the assets are two factories where it manufactures vehicles for Nio. While no buyer of the assets has yet to be confirmed, according to the rumor mill, the Chinese EV maker might be eyeing a purchase of the assets al  ( 34 min )
    Rates Fall for Almost Every Mortgage Type
    Rates on 30-year mortgages have dropped below the historic high they reached early last week, with averages for almost every mortgage type coming down as well.  ( 19 min )
    Can I Convert Rental Property into a Primary Residence?
    Converting a rental property into a primary residence is a significant financial move with potential tax implications that necessitate careful planning. By leveraging tools like Section 121 of the IRS code and 1031 exchanges, homeowners can navigate the complexities of this process. However, understanding the intricacies of these laws is crucial. Here’s how to convert […] The post How to Convert Rental Property to a Primary Residence appeared first on SmartReads by SmartAsset.  ( 37 min )
    Microsoft Q1 earnings preview: Wall Street looks for signs of AI-powered growth
    Microsoft will report its Q1 earnings after the bell on Thursday, as investors look for signs that its AI investments are paying off.  ( 34 min )
    Is Amazon Stock A Buy Ahead Of Q3 Earnings?
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    Retirement Steps You Should Take, Broken Down By Age
    No content preview
    Chevron Answers ExxonMobil With $53 Billion Deal To Buy Hess
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    FMC Cuts Profit, Revenue Guidance Ahead of Earnings. The Stock Is Tumbling.
    The crop protection company cited lower sales volumes in Latin America as a reason for lowering estimates.  ( 15 min )
    Fisker Is Cutting Prices for Its Ocean SUV. The Stock Is Down.
    Fisker is the latest electric-vehicle maker to cut prices for its cars. Its stoock is slumping.  ( 19 min )
    Pinterest upgraded, Salesforce downgraded: Wall Street's top analyst calls
    Pinterest upgraded, Salesforce downgraded: Wall Street's top analyst calls  ( 35 min )
    Chevron to Buy Hess for $53 Billion in Stock. What It Means for Its Dividend.
    Chevron agrees to buy fellow oil company Hess for $53 billion in an all-stock deal. Including debt, the transaction is valued at $60 billion.  ( 19 min )
    WBA Stock Jumps On Upgrade, Target Hike. New CEO, 'New Era' Analyst Says
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    Chevron and Exxon Might Have Kicked Off an Oil Land Grab
    Few sizable targets remain in the most coveted U.S. shale basin after the oil supermajors’ mega acquisitions, setting off a scramble for what is left.  ( 28 min )
    The yield on a 10-year Treasury reached 5% for the 1st time since 2007. Here's why that matters
    The yield on the 10-year Treasury has reached 5% for the first time since 2007. Treasury yields have been climbing rapidly, with the 10-year yield rallying from less than 3.50% during the spring and from just 0.50% early in the pandemic. Monday morning, the yield on the 10-year Treasury was at 4.96% after hitting 5.02% earlier.  ( 35 min )
    3 Little-Known REITs Making Big Gains Lately
    Well-known large-cap stocks are often the ones that get all the media attention, but sometimes it's the smaller companies are performing the best while the big names are struggling. To some degree, that's what's happening in the real estate investment trust (REIT) sector in recent weeks, as big names like Realty Income Corp. (NYSE:O), W.P. Carey Inc. (NYSE:WPC), SL Green Realty Corp. (NYSE:SLG), Prologis Inc. (NYSE:PLD) and others have been slashed in price or are just treading water. Meanwhile,  ( 35 min )
    Chevron Stock Falls on $53 Billion Deal to Buy Hess
    Chevron (CVX) shares fell Monday after the U.S. energy heavyweight said it would buy Hess (HES) in an all-stock deal worth $53 billion. In recent market action: Chevron stock lost more than 2% in premarke  ( 23 min )
    3 Large-Cap Stocks That Could Surge By Over 20%, According To Analysts
    The stock market has finally begun recovering from the worst bear market since 2008, with the S&P 500 index rising by nearly 12% year to date. The tech sector boasted a stellar recovery after a brutal rout last year, as evidenced by the Nasdaq Composite Index's 26% gain so far this year. But the market volatility is far from over. The Federal Reserve's decision to raise interest rates at least once again this year and the growing geopolitical tensions globally have resulted in volatility levels  ( 35 min )
    Nvidia cofounder Jensen Huang says ‘nobody in their right mind’ would start a company, and he’d opt out if he could go back in time
    Jensen Huang cofounded and leads one of the world’s most valuable firms.  ( 34 min )
    Cathie Wood's Biggest Holdings Are Tumbling, Including Tesla
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    Textainer Stock Spikes on Deal to Go Private
    Textainer shares surge. The shipping-container lessor is being acquired for $2.1 billion.  ( 15 min )
    5 Things to Know Before Markets Open
    Chevron announced it will buy Hess for $53 billion and Apple shares fell after China launched tax probes into key supplier Foxconn. Here’s what investors need to know today.  ( 18 min )
    Chevron to buy Hess Corp for $53 billion in all-stock deal
    Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana. Acquiring Hess adds 30% ownership in over 11 billion barrels of oil equivalent of discovered recoverable resource in Guyana and 465,000 net acres of high-quality, long-duration inventory supported by integrated midstream assets in the Bakken to Chevron’s portfolio, along with assets in the Gulf of Mexico and a natural gas business in Southeast Asia. Given that Exxon Mobil had effectively taken itself out of the running for large-scale M&A following the recent Pioneer deal, we would have thought Chevron could bide its time, and hence we are a little surprised at the timing of this deal.  ( 34 min )
    Stocks slide after 10-year Treasury yield briefly tops 5%: Stock market news today
    The 10-year Treasury yields passed a key milestone, underlining the "new normal" of higher-for-longer rates.  ( 36 min )
    US futures sink after 10-year Treasury yield tops 5%: Stock market news today
    The 10-year Treasury yields passed a key milestone, underlining the "new normal" of higher-for-longer rates.  ( 35 min )
    Tesla to exceed $9 billion spending target this year as it rolls out new models
    CEO Elon Musk said at Tesla's earnings call earlier this month that the company was hesitating on its plans for a factory in Mexico as it grapples with a turbulent economic outlook. He warned that rising interest rates could impact demand at Tesla, which has turned to a margin-sapping price war this year to maintain sales. Tesla's shares were down 1.2% in premarket trading in a broadly weaker market.  ( 33 min )
    Dow Jones Futures Fall As 10-Year Treasury Yield Tops 5%; Microsoft, Titans Lead Earnings Wave
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    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Daily Spotlight: Housing Trade Groups Tell Fed to Halt
    No content preview
    Analyst Report: Fifth Third Bancorp
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    Analyst Report: Zions Bancorporation N.A
    No content preview
    Market Digest: CSX, FITB, JBHT, PG, PPG, UNP, ZION
    No content preview
    Analyst Report: J.B. Hunt Transport Servs, Inc
    No content preview
    Daily – Vickers Top Buyers & Sellers for 10/23/2023
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    Daily – Vickers Top Insider Picks for 10/23/2023
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    Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge
    Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors. The Chevron-Hess deal comes less than two weeks after Exxon Mobil said it would acquire Pioneer Natural Resources for about $60 billion.  ( 32 min )
    US borrowing costs hit highest level since 2007 – latest updates
    Oil prices have slumped by 2pc today as investors bet on a delay to Israel’s ground invasion of Gaza.  ( 32 min )
    Strong ad sales, stable enterprise spending wind beneath Big Tech earnings
    U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed. Microsoft, Google-parent Alphabet, Facebook-parent Meta Platforms and Amazon are expected to have built on the recovery in their enterprise software and digital ads businesses as professional and consumer spending stayed resilient despite an uncertain global economy. The quartet's shares have rallied -- between Microsoft's 36% and Meta's 157% -- this year, boosting their combined market value to over $6 trillion and lifting the benchmark S&P 500 index.  ( 34 min )
    Production woes plague earnings for Boeing, RTX and Spirit Aero
    After a succession of production snafus, investors will question whether U.S. aerospace's "problem children" - Boeing, RTX and Spirit AeroSystems - can stem financial losses and hit year-end targets. All three companies are expected to report losses in their third-quarter results as they struggle to resolve manufacturing defects on their most profitable aircraft and engine products. RTX engine subsidiary Pratt & Whitney disclosed in September it will take a $3 billion charge in the quarter after planning to replace components containing contaminated metal powder on as many as 700 Geared Turbofan (GTF) engines.  ( 34 min )
    Markets juggle 5% yields and 150 yen
    Partly unwinding pre-weekend safety hedges related to the Middle East conflict, world markets are back focused on some critical macro priced levels and milestones that may once again define the week. But in keeping with that retreat from havens, U.S. Treasuries and sovereign bonds everywhere resumed their decline and 10-year U.S. benchmark borrowing rates finally moved up through the 5% level for the first time in 16 years early on Monday. The dollar retained its bid as a result and continued to probe the 150 yen level many suspect the Bank of Japan will be keen to protect against with open-market yen buying.  ( 34 min )
    Why you should carefully consider what Jamie Dimon, Elon Musk and American Express just told the investing world
    It's tough out there in the markets right now, understandably so.  ( 35 min )
    Chevron to Buy Hess for $53 Billion
    The all-stock deal is the latest sign of consolidation in an oil-and-gas industry flush with cash.  ( 27 min )
    Ten-Year Treasury Yield Tops 5% for First Time Since 2007, Keeping Traders Wary
    (Bloomberg) -- The 10-year Treasury yield crossed 5% for the first time in 16 years, propelled by expectations the Federal Reserve will maintain elevated interest rates and that the government will further boost bond sales to cover widening deficits.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buyi  ( 33 min )
    Chevron to Buy Hess for $53 Billion in Stock. Oil Mergers Are Surging.
    Chevron agrees to buy fellow oil company Hess for $53 billion in an all-stock deal. Including debt, the transaction is valued at $60 billion.  ( 16 min )
    Roche to Buy Telavant from Roivant Sciences, Pfizer for $7.1 Billion. One Stock Looks a Winner.
    Swiss pharmaceutical company Roche said it has agreed to buy immunology company Telavant Holdings from Roivant Sciences and Pfizer for $7.1 billion.  ( 15 min )
    Chevron to Buy Hess for $53 Billion in Latest Oil Megadeal
    (Bloomberg) -- Chevron Corp. agreed to buy Hess Corp. in a deal worth $53 billion, the latest major consolidation in the US oil industry. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer WarningIn an all-stock  ( 33 min )
    These Stocks Are Moving the Most Today: Chevron, Hess, Roivant, Textainer, Microsoft, Alphabet, and More
    Chevron will buy Hess in all-stock deal valued at $53 billion, Roche agrees to buy a developer of a drug for people suffering from inflammatory bowel disease from Roivant and Pfizer, Textainer is being acquired for about $2.1 billion, and Microsoft and Alphabet lead a busy earnings week.  ( 22 min )
    Smaller Banks Look to Shrink Their Way Back to Health
    Banks that are big but not huge, such as KeyCorp, Citizens and Truist, reported big profit declines.  ( 28 min )
    Here's what "wealthy" means in 2023 America, in five numbers
    Wealth means different things to different Americans. We'll look at five numbers that define wealth in recent surveys and studies.  ( 34 min )
    UPDATE 2-Chevron to buy Hess Corp for $53 bln in all-stock deal
    Chevron Corp said on Monday it will buy smaller rival Hess Corp in a $53-billion all-stock deal. Chevron is offering $171 for every Hess share, implying a premium of about 4.9% to the share's last close. CEO John Hess of Hess Corp, is expected to join Chevron's board of directors once the deal closes, the companies said in a statement.  ( 32 min )
    Futures fall as risk of wider Middle East conflict lingers; Big Tech results in focus
    Israel bombarded Gaza with air strikes overnight, with Prime Minister Benjamin Netanyahu convening a meeting of his top generals and his war cabinet to assess the escalating conflict. These rising tensions, along with surging bond yields on higher rates expectations pulled the Wall Street lower last week, with the S&P 500 falling 1.26% and the Cboe Volatility index closing at its highest since March 24. Yield on the 10-year benchmark Treasury note continued to hover around 5%, the mark it briefly breached last week after Federal Reserve Chair Jerome Powell said that U.S. economy's resilience and tight labor market could warrant further rate hikes.  ( 34 min )
    Chevron to buy Hess Corp for $53 billion in all-stock deal
    Chevron Corp said on Monday it will acquire Hess Corp in a $53-billion all-stock deal.  ( 32 min )
    Analysts Say These 3 Stocks Are Their Top Picks for 2024
    We’re finally in the homestretch of 2023. The year’s end is in sight – but the only certainty is that uncertainty is here to stay with the headwinds piling up faster than ever. Check off those headwinds one by one: The Federal Reserve has indicated that it will likely hold interest rates higher for longer, due to persistently high inflation. In geopolitics, China keeps rattling its saber at Taiwan, Russia’s Ukraine war keeps grinding on, and the Middle East has erupted into an open battle betwee  ( 37 min )
    Copper Drops to Lowest Since November as Demand Outlook Darkens
    (Bloomberg) -- Copper tumbled to the lowest in nearly eleven months, offering fresh evidence that soaring borrowing costs and slower spending are beginning to bite in all corners of the industrial economy.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna  ( 33 min )
    Roche to Buy Irritable Bowel Drugmaker Telavant for $7.1 Billion
    (Bloomberg) -- Roche Holding AG said it will pay $7.1 billion to acquire Telavant Holdings, Inc. in a bid to shore up its pipeline of experimental medicines.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer Warning  ( 33 min )
    Gold Settles But Geopolitical Risk Demand Remains
    Gold prices pulled back slightly n early London trading, but upside remains strong due to the conflict in Gaza.  ( 26 min )
    The jobs downturn is here – who will get hurt and how bad will it be?
    John Lynes was one of the first to notice when companies slowed hiring. His recruitment firm, Ashdown Group, was seeing 100 applicants per job at the start of the year. Now he sees 150 on average – a 50pc rise.  ( 35 min )
    Royal Philips Raises Guidance After Swinging to 3Q Profit
    Philips said it expected adjusted earnings to rise 10%-11% for the year, after reporting above-forecast third-quarter results, helped by €258 million of cost savings, with its restructuring and productivity plans on track.  ( 27 min )
    Bitcoin History Supports Bulls After 10% Weekly Jump on ETF Speculation
    (Bloomberg) -- A Bitcoin rally fueled by optimism about fresh demand from exchange-traded funds may have further to run if history is any guide.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer WarningThe largest d  ( 33 min )
    China’s Tech Gauge Falls to Record Low on Growth Concern
    (Bloomberg) -- China’s gauge of tech equities fell to the lowest since its inception more than three years ago as investors’ confidence in the sector wanes amid concerns higher US rates will hurt demand for growth stocks everywhere. Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat J  ( 33 min )
    Philips shares drop as new order decline clouds rosier outlook
    Dutch health technology company Philips on Monday raised its full-year outlook as it beat analyst expectations with a more than doubling of third-quarter core profit to 457 million euros ($483.3 million). Analysts in a company-compiled poll on average had predicted adjusted earnings before interest, taxes and amortisation (EBITA) in July-September would rise to 389 million euros from 209 million euros the year before. Philips said it now expected 6% to 7% comparable sales growth over 2023, with a profit margin (adjusted EBITA) of 10%-11%.  ( 32 min )
    Analysis-Anti-obesity drugs can be boost for food makers, investors say
    The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk's Wegovy presents opportunities for food manufacturers and the market's initially downbeat reaction may be overdone, investors say. When Walmart said this month that it saw a slight pullback in food consumption when people took the medication, it sparked a sell off in shares of companies including Nestle, the world's biggest packaged food maker. "It feels like quite an overreaction," said Aviva portfolio manager Richard Saldanha.  ( 34 min )
    Stock market today: World stocks fall as concerns rise over Israel-Hamas war and high yields
    Asian shares were lower on Monday as higher risks of broader conflict in the Middle East clouded market sentiment and bond yields further pressured stocks. U.S. futures rose while oil prices fell back. Israel announced its intention on Saturday to step up its attacks on the Gaza Strip in preparation for the next stage of its war on Hamas.  ( 35 min )
    Marketmind: Stocks struggle as yields rise, tech earnings loom
    It's been a cautious start to the week in Asia as markets wait to see when, or whether, Israel will launch a ground invasion of Gaza, and bonds continue their vicious sell-off. Israel's military continued to bomb Gaza on Sunday and clashed with Iran-backed Hezbollah on the border with Lebanon. The leaders of the United States, Canada, France, Germany, Italy and Britain on Sunday underscored their support for Israel and its right to defend itself, but also urged it to adhere to international humanitarian law and protect civilians.  ( 32 min )
    A Shrinking $1.3 Trillion Securities Market Is Bad News for the Economy
    (Bloomberg) -- For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the wheels of M&A and feeds the $1.3 trillion market for collateralized loan obligations — had rare cause for cheer. Company valuations were enticingly low for dealmakers, the US Fed looked closer to reversing punishing rate hikes, loans were getting done.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages D  ( 37 min )
    Gold slips from 5-mth peak as investors look to US economic data
    Gold prices retreated from last session's five-month peak on Monday as the U.S. dollar and Treasury yields strengthened ahead of crucial economic data this week, with investors looking for any signs of a global fallout of the Middle East conflict. Spot gold was down 0.4% at $1,972.39 per ounce by 0334 GMT, and U.S. gold futures slid 0.5% to $1,983.50. Gold prices hit their highest since mid-May on Friday and surged about 9% in the past two weeks as investors opted for the safety of bullion on fears that the Israel-Hamas war could escalate into a wider Middle East conflict.  ( 33 min )
    Argentina market analysts see silver lining in Peronist election win
    A surprise first place for Argentina's ruling Peronists in a general election on Sunday could calm market fears about a runaway win for libertarian radical Javier Milei who has pledged to dollarize the economy and shut the central bank. Peronist Economy Minister Sergio Massa won around 36.5% of the vote ahead of right-wing outsider Milei with just over 30%, far outperforming pre-election polls and setting up a polarized run-off vote on Nov. 19 between the two. Analysts said the result should alleviate fears about a sudden devaluation of the local peso currency and reduce the likelihood of the country ditching the peso any time soon, with the eventual winner likely to have a weak mandate.  ( 33 min )
    Investors Bet Samsung’s Smaller Memory Chip Rival SK Hynix Will Be an AI Winner
    (Bloomberg) -- Shares of Samsung Electronics Co. are on track to underperform those of its smaller memory-chip rival SK Hynix Inc. by the most in a decade as investors bet the latter will be the winner in artificial intelligence.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassault Combat Jets,  ( 35 min )
    iPhone Assembler Hon Hai Dives After China Starts Probes
    (Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassa  ( 33 min )
    iPhone Assembler Hon Hai Dives After China Starts Probes
    (Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: More Aid Trickles Into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItModerna Shaves Off $7 Billion in  ( 33 min )
    There’s Never Been a Worse Time to Buy Instead of Rent
    It is now 52% more expensive to buy a home than to rent one because of climbing mortgage rates.  ( 31 min )
    Oil slips as investors watch diplomatic moves in Gaza war
    LONDON (Reuters) -Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt to contain the conflict between Israel and Hamas. Brent crude futures fell 24 cents, or 0.26%, to $91.92 a barrel, as of 0837 GMT. The contracts rose by more than 1% last week for a second consecutive week, on fears of potential supply disruption if the Israel-Hamas war grows into a wider conflict in the Middle East, the world's biggest oil-supplying region.  ( 32 min )
    Oil down as diplomatic moves in Gaza war trim supply-disruption risk
    NEW DELHI (Reuters) -Oil prices fell more than $1 on Monday as concerns about supply disruptions eased due to diplomatic efforts intensifying in an attempt to contain the conflict between Israel and the Palestinian Islamist group Hamas. The contracts had risen more than 1% last week for a second consecutive weekly jump on fears of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. Aid convoys started to arrive in the Gaza Strip from Egypt over the weekend, as Arab leaders and foreign ministers gathered for a summit in Cairo which was unable to yield a joint statement.  ( 33 min )
    Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says
    Kevin Paffrath slammed Elon Musk's comments on Tesla's third quarter earnings call in an interview with Yahoo Finance this week.  ( 34 min )
    When Japan Ends Negative Rate Policy, Treasuries Will Suffer
    (Bloomberg) -- Japan’s era of negative interest rates will end in coming months, and the implications for world markets will be enormous, with US Treasuries set to suffer the most, according to the latest Bloomberg Markets Live Pulse survey.Most Read from BloombergIsrael Latest: More Aid Trickles Into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Buying Dassault Combat Jets, Tribun  ( 34 min )
  • Open

    Ons land telt steeds meer wijnboeren, vooral in Gelderland en Limburg
    Nederland kent bijna tweehonderd bedrijven die wijn maken. Dat is 43 procent meer dan vijf jaar geleden, blijkt uit cijfers van de Kamer van Koophandel (KVK). Bijna de helft van de wijnboeren komt uit Limburg of Gelderland.  ( 9 min )
    Bijna 900 zorgmedewerkers doen beroep op vergoeding voor longcovidklachten
    Het overheidsloket waar zorgpersoneel met langdurige coronaklachten een tegemoetkoming kon aanvragen, is maandagmiddag gesloten. Zondagavond hadden 884 zorgmedewerkers een vergoeding van 15.000 euro aangevraagd, meldt het ministerie van Volksgezondheid aan NU.nl.  ( 9 min )
    Kritiek op systeem voor opsporen kindermisbruik: veel fouten en privacyschending
    Europese plannen om online kindermisbruik op te sporen door chatdiensten te scannen, stuiten op veel kritiek van experts. Zij waarschuwen in gesprek met het Europees Parlement voor grove privacyschendingen. Ook zitten er veel haken en ogen aan de technische haalbaarheid.  ( 10 min )
    Goudprijs breekt nieuw record door economische onzekerheid bij beleggers
    De goudprijs is afgelopen weekend tot een recordhoogte van 60.050 euro gestegen. Nooit eerder werd zoveel geld geboden voor 1 kilo goud. Het edelmetaal is in trek bij beleggers als veilige haven in economisch roerige tijden.  ( 8 min )
    Fors minder kolentransport en Russische olie in haven Rotterdam
    Via de Rotterdamse haven zijn dit jaar tot dusver flink minder kolen vervoerd dan in dezelfde periode in 2022. Ook de aanvoer van Russische olie was beduidend lager.  ( 9 min )
    Oud-werknemer die bedrijfsgeheimen stal bij ASML werkte daarna bij Huawei
    Een Chinese oud-medewerker van de Veldhovense chipmaker ASML heeft vorig jaar bedrijfsgeheimen gestolen. Daarna werkte hij een tijdje bij het Chinese techbedrijf Huawei, schrijft NRC op basis van ingewijden.  ( 9 min )
    China doet onderzoek naar handel en wandel van iPhone-maker Foxconn
    De Chinese autoriteiten zijn een onderzoek gestart bij iPhone-producent Foxconn. Er worden volgens de Chinese staatskrant Global Times belastingcontroles uitgevoerd. Daarnaast inspecteert China het grondgebruik van het assemblagebedrijf.  ( 8 min )
    Nederland nummer één bij bedrijven die winstbelasting willen ontwijken
    Jaarlijks sluizen bedrijven via Nederland tussen de 100 en 180 miljard dollar (94 tot 170 miljard euro) winst weg om belasting te ontwijken. Samen met Ierland is ons land daarmee koploper wereldwijd. Dat meldt onderzoeksinstituut EU Tax Observatory.  ( 11 min )
    Stemming onder consumenten opnieuw iets minder negatief
    De stemming onder consumenten was in oktober wat minder pessimistisch dan een maand eerder. In september werden ze ook al iets minder somber.  ( 8 min )
    Philips ziet winst stijgen ondanks voortslepende apneuaffaire
    De inkomsten bij Philips waren afgelopen kwartaal ondanks aanhoudende problemen met slaapapneuapparaten beduidend hoger dan een jaar eerder. Voor dit jaar heeft het bedrijf dan ook zijn winstverwachting verhoogd.  ( 9 min )
    Praat Mee | Hoe heb jij je pensioen geregeld?
    NU.nl kiest elke dag een actueel onderwerp waarover je uitgebreid met medelezers van gedachten kunt wisselen. Uit onderzoek blijkt dat het Nederlandse pensioenstelsel al jaren tot een van de beste stelsels hoort. Hoe regel jij je pensioen? En als je zzp'er bent: zet jij er geld voor opzij, of ben je er nog niet mee bezig?  ( 8 min )
    Bekijk hier de huizenprijzen in jouw provincie
    De huizenprijzen zijn vorige maand iets gestegen ten opzichte van augustus. Wel zijn ze lager dan een jaar geleden, bleek maandag uit cijfers van statistiekbureau CBS. Bekijk hier hoe de huizenprijzen in jouw regio zich hebben ontwikkeld.  ( 7 min )
    Dip in huizenprijzen lijkt na acht maanden bijna voorbij
    Huizenprijzen daalden in de maand september voor de achtste maand op rij ten opzichte van een jaar eerder. Koopwoningen waren gemiddeld 3,5 procent goedkoper dan in september 2022. Maar de daling wordt wel steeds kleiner.  ( 8 min )
  • Open

    10-Year Treasury Yield Breaches 5% Before Retreating, Whipsawing Stocks
    The yield on benchmark 10-year U.S. Treasury note breached 5% for the first time since July 2007 before retreating Monday, whipsawing stocks in the process.  ( 1 min )
    S&P 500 Gains and Losses Today: Chevron and Hess Shares Fall Following $53B Deal
    The S&P 500 dropped 0.2% on Monday, Oct. 23, 2023, recovering from the day's lows after an initial spike in bond yields sent stocks tumbling early in the session.  ( 1 min )
    UAW Expands Strike Against Stellantis, Amid 'Deficient' COLA Proposals
    The United Auto Workers union called on members to walk out of the largest Stellantis plant, having said that Stellantis was "deficient" in meeting cost-of-living-adjustment demands, as the union's strike against the Big Three continues.  ( 1 min )
    Markets Turn Positive at Midday After 10-Year Treasury Yield Reverses Course
    The S&P 500, Nasdaq, and Dow rebounded from earlier losses to turn positive at midday on Monday, Oct. 23, 2023, as the 10-year Treasury note yield retreated after hitting 5%.  ( 1 min )
    Dow Jones Today: Stock Futures Lower as 10-Year Yield Tops 5% for First Time Since 2007
    Stock futures were lower in premarket trading Monday after the yield on the 10-year Treasury passed 5% for the first time since 2007 at the start of a big week for earnings.  ( 1 min )
    5 Things to Know Before Markets Open
    Chevron announced it will buy Hess for $53 billion and Apple shares fell after China launched tax probes into key supplier Foxconn. Here’s what investors need to know today.  ( 1 min )
  • Open

    How Bitcoin Spread Betting Works
    Bitcoin spread betting is a way to speculate on price movements of this cryptocurrency. This article explains the concept and gives an example of a spread bet.  ( 23 min )
    Evolutionary Economics: Overview, History, Examples
    Evolutionary economics proposes that economic processes evolve and are determined both by individuals and society as a whole.  ( 20 min )
    Pros and Cons of Taking Social Security Early
    Your Social Security benefits will be bigger if you wait until your full retirement age or later, but sometimes collecting them early makes sense.  ( 27 min )
    Bank Panic of 1907: Causes, Effects, and Importance
    The Bank Panic of 1907 was a set of bank runs and bankruptcies that led industry leaders to draft the first version of the Federal Reserve System.  ( 27 min )
    10-Year Treasury Yield Breaches 5% Before Retreating, Whipsawing Stocks
    The yield on benchmark 10-year U.S. Treasury note breached 5% for the first time since July 2007 before retreating Monday, whipsawing stocks in the process.  ( 18 min )
    8 Types of Americans Who Aren’t Eligible to Get Social Security
    Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.  ( 29 min )
    Top CDs Today: There's Still Time to Lock in a Rate of 6% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Measuring a Nation's Economic Development With GNP
    In this article, we'll show you how to read the GNP map and how it's still a useful tool in measuring a nation's economic development and overall demand.  ( 25 min )
    S&P 500 Gains and Losses Today: Chevron and Hess Shares Fall Following $53B Deal
    The S&P 500 dropped 0.2% on Monday, Oct. 23, 2023, recovering from the day's lows after an initial spike in bond yields sent stocks tumbling early in the session.  ( 16 min )
    Microsoft Is Making a $3.2 Billion Cloud and AI Investment in Australia
    Microsoft is investing $3.2 billion in cloud computing and AI infrastructure in Australia.  ( 17 min )
    Joint Brokerage Accounts: What You Need To Know
    A joint brokerage account allows multiple individuals to pool their resources and invest together. Learn about the benefits and drawbacks of this type of account.  ( 26 min )
    FMC Shares Plummet After Slashing Its Outlook as Latin America Sales Sink
    FMC shares fell to their lowest level since 2017 as the agricultural sciences company cut its third-quarter, current-quarter, and full-year guidance.  ( 17 min )
    UAW Reaches Tentative Agreement with Defense Contractor General Dynamics
    United Auto Workers (UAW) members reached a tentative agreement with General Dynamics, preventing another strike, as the union's actions against the Big Three automakers continue.  ( 17 min )
    Food Insecurity and Its Impact on the Stock Market
    Food insecurity is a problem in the US and abroad. Households that struggle to afford enough food may cut back spending elsewhere, which can have knock-on effects on the market.  ( 24 min )
    Dividend ETF vs. S&P 500
    Dividend ETFs provide stable income but could limit capital appreciation, while the broad-based S&P 500 provides more diversification and growth but less income.  ( 26 min )
    What Is FedNow?
    The FedNow Service is an instant-payment platform operated by the U.S. central bank that can process financial transactions in real time and around the clock.  ( 24 min )
    Federal Withholding Tax vs. State Withholding Tax: What's the Difference?
    Federal withholding rules are consistent and Social Security and Medicare are also withheld at the federal level, but state withholding rules vary.  ( 23 min )
    How to Invest for Short-Term and Long-term Goals for 2023
    Learning how to invest for your short and long-term goals is critical for your financial future. Let us guide you on the different routes you can take for your future.  ( 20 min )
    How Does a Cost-of-Living Adjustment (COLA) Affect My Salary?
    Learn how cost-of-living adjustments are or are not added to salaries to offset the effects of inflation or relocating to a costlier city.  ( 24 min )
    How to Rebalance Your Portfolio
    Rebalancing keeps your preferred asset allocation in check and helps to smooth out the volatility of your portfolio. Learn how to rebalance your portfolio to help manage risk and meet your investing goals.  ( 23 min )
    Employment Cost Index (ECI): Definition, Uses, and Pubication
    The Employment Cost Index (ECI) is a quarterly economic series that measures the growth of total employee compensation.  ( 22 min )
    Tesla Capex To Exceed $9 Billion Target This Year
    Automaker Tesla has stated in a disclosure filing that its capital expenditures are set to exceed a previous $9 billion target.  ( 17 min )
    What Is the Average Business Loan Term?
    Business loans vary widely with the terms they provide borrowers. Some are shorter term, others are long term. Learn about the average business loan term.  ( 25 min )
    How to Use Artificial Intelligence in Your Investing in 2023
    Get ahead of the curve and follow our guide to learn how to use artificial intelligence in your investing. Utilize automated technology to help your portfolio grow.  ( 23 min )
    Roivant Sciences Sells Joint Venture With Pfizer to Roche for $7.1 Billion
    Roivant agreed to sell its Telavant joint venture with Pfizer to Roche for $7.1 billion.  ( 17 min )
    Best Brokers for ETFs of 2023
    Looking for the best place to buy and sell exchange-traded funds (ETFs)? We reviewed the best brokers for ETFs based on their selection, research, screeners, and more.  ( 30 min )
    Best Options Trading Platforms of 2023
    Looking to harness the power of options leverage? Here are the best options trading platforms based on tools, ease of use, pricing, probability calculators, and more.  ( 34 min )
    How to Get Free Professional Financial Advice in 2023
    Getting free financial advice can help those who are struggling to get their finances in order but can’t afford an expert. Learn how to get financial advice for free.  ( 22 min )
    Which States Have Specific Home Equity Loan Laws?
    All states have laws that apply to home equity loans. In this article, we’ll explain why.  ( 24 min )
    How to Plan for Medical Expenses in Retirement
    Don't let high healthcare expenses derail your retirement plans.  ( 26 min )
    Where Should I Retire?
    There are many things to consider when deciding where to retire, starting with cost of living.  ( 23 min )
    Redefining Retirement as Peak 65 Approaches
    Dan Houston, President and CEO of the Principal Financial Group, joins The Express to talk about how we need to rethink, redefine and reeducate ourselves about retirement given rising costs, longer lifespans and a lack of financial education.  ( 19 min )
    Biden Names 31 Regional Tech Hubs To Create Jobs in Rural, Underserved Communities
    President Joe Biden's administration named 31 communities across the country as Innovation and Tech Hubs, to support regional economic growth.  ( 17 min )
    Google Faces Antitrust Investigation in Japan Over Search Practices
    Japan's anti-competitive watchdog launched a probe into Google's use of its influence to prioritize its own search engine and apps.  ( 17 min )
    How to Get a Solar Loan
    A rooftop solar installation can help you save on energy costs, but they can be pricey. Learn how to finance solar panels for your home and compare the best options.  ( 21 min )
    Markets Turn Positive at Midday After 10-Year Treasury Yield Reverses Course
    The S&P 500, Nasdaq, and Dow rebounded from earlier losses to turn positive at midday on Monday, Oct. 23, 2023, as the 10-year Treasury note yield retreated after hitting 5%.  ( 16 min )
    Who Regulates Home Equity Loans?
    There are many rules and many regulators for home equity loans. In this article, we’ll explain which agencies oversee which loans.  ( 24 min )
    How to Get a Debt Consolidation Loan
    If you have multiple high-interest debt accounts, a debt consolidation loan can help. Learn how to get a debt consolidation loan and what to consider when choosing one.  ( 23 min )
    UAW Expands Strike Against Stellantis, Amid 'Deficient' COLA Proposals
    The United Auto Workers union called on members to walk out of the largest Stellantis plant, having said that Stellantis was "deficient" in meeting cost-of-living-adjustment demands, as the union's strike against the Big Three continues.  ( 17 min )
    How to Get a Joint Personal Loan
    Joint personal loans can help you get a larger loan and are typically used by spouses or family members. A co-borrower has equal access to funds.  ( 22 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 22 min )
    How to Get an Emergency Loan
    When an emergency hits and you need immediate funds, an emergency loan can help. Learn more about how to get an emergency loan and what to consider before you do.  ( 23 min )
    Top Retirement Savings Tips for 55-to-64-Year-Olds
    If you plan to retire within the next 10 years, you still have time to boost your 401(k) contributions and make other moves to increase your savings.  ( 29 min )
    Philips' Profit Rises After Simplifying Operations and Shoring Up Its Supply Chains
    American depositary receipts of Philips advanced as the health technology firm posted better-than-expected results and raised its outlook on improved operational performance.  ( 17 min )
    Reverse Mortgages: Canada vs. the U.S.
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    My Parents Earn Way More Travel Rewards With the Capital One Venture X Business Card
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    The Casino Mentality In Trading
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    Rates Fall for Almost Every Mortgage Type
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    Best Discount Brokers of 2023
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    Best Online Brokers for Beginners of 2023
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    Chevron Buys Hess for $53 Billion in an All-Stock Deal
    Chevron agreed to buy Hess for $53 billion in an all-stock deal, the latest acquisition in a string of blockbuster oil deals amid industry consolidation.  ( 17 min )
    The Medicare Catastrophic Coverage Act Of 1988 (MCCA) Overview
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    How Secure Is Social Security?
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    Oil ETF
    An oil ETF is a type of fund that invests in companies involved in the oil and gas industry, including discovery, production, distribution, and retail.  ( 21 min )
    5 Things to Know Before Markets Open
    Chevron announced it will buy Hess for $53 billion and Apple shares fell after China launched tax probes into key supplier Foxconn. Here’s what investors need to know today.  ( 18 min )
    What Is a Payday Loan? How It Works, How to Get One, and Legality
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    Teaser Bet
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    Spread Betting: What It Is, How Tt Works, FAQ
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    Gambling Loss: What it Means, How it Works, FAQs
    A gambling loss is a loss resulting from risking money or other stakes on games of chance or wagering events with uncertain outcomes.  ( 24 min )
    Advantages and Disadvantages of ETFs
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    Can You Get More Money on Your Reverse Mortgage?
    If home prices rise, you might be able to refinance your reverse mortgage but the costs are high.  ( 25 min )
    Which Leveraged ETFs Track the Banking Sector?
    Learn about some of the leveraged exchange-traded funds (ETFs) that investors can use to track the banking industry within the financial sector.  ( 20 min )
    What common ETFs track the banking sector?
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    7 Things You Didn't Know Your FSA Covered
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    Borrower Defense: Meaning, Application, FAQs
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    A Guide for Buying ETFs on Margin
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    Marginalism: Definition, How It Works, Key Insight, and Example
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    How To Close a CD
    You can close a certificate of deposit (CD) when it reaches maturity. If you need to get your money out early you'll probably pay a penalty.  ( 23 min )
    Articles of Association Definition and Example in Small Business
    Articles of association form a document that specifies the regulations for a company's operations and defines the company's purpose.  ( 23 min )
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    Property Appraisal and Valuation Equity (PAVE) is a set of guidelines for removing bias or discrimination from the home appraisal process.  ( 26 min )
  • Open

    FMC Shares Plummet After Slashing Its Outlook as Latin America Sales Sink
    FMC shares fell to their lowest level since 2017 as the agricultural sciences company cut its third-quarter, current-quarter, and full-year guidance.  ( 1 min )
    Microsoft Is Making a $3.2 Billion Cloud and AI Investment in Australia
    Microsoft is investing $3.2 billion in cloud computing and AI infrastructure in Australia.  ( 1 min )
    UAW Reaches Tentative Agreement with Defense Contractor General Dynamics
    United Auto Workers (UAW) members reached a tentative agreement with General Dynamics, preventing another strike, as the union's actions against the Big Three automakers continue.  ( 1 min )
    Tesla Capex To Exceed $9 Billion Target This Year
    Automaker Tesla has stated in a disclosure filing that its capital expenditures are set to exceed a previous $9 billion target.  ( 1 min )
    Roivant Sciences Sells Joint Venture With Pfizer to Roche for $7.1 Billion
    Roivant agreed to sell its Telavant joint venture with Pfizer to Roche for $7.1 billion.  ( 1 min )
    Google Faces Antitrust Investigation in Japan Over Search Practices
    Japan's anti-competitive watchdog launched a probe into Google's use of its influence to prioritize its own search engine and apps.  ( 1 min )
    Philips' Profit Rises After Simplifying Operations and Shoring Up Its Supply Chains
    American depositary receipts of Philips advanced as the health technology firm posted better-than-expected results and raised its outlook on improved operational performance.  ( 1 min )
    Chevron Buys Hess for $53 Billion in an All-Stock Deal
    Chevron agreed to buy Hess for $53 billion in an all-stock deal, the latest acquisition in a string of blockbuster oil deals amid industry consolidation.  ( 1 min )

  • Open

    ETF Liquidity: What It Is and Why It Matters
    ETF Liquidity Is Determined by Primary Market Creations and Redemptions, as Well as Secondary Market Volume and Bid-Ask Spreads on Exchanges.  ( 32 min )
    A Brief History Of Exchange-Traded Funds
    Learn how ETFs have become the most popular investment vehicle in less than 20 years.  ( 23 min )
    Can You Use a Mortgage Broker for a Home Equity Loan?
    You can arrange a home equity loan yourself, or use a broker. In this article, we’ll compare the two approaches.  ( 22 min )
    Auto Industry ETF Definition
    An auto industry ETF is an exchange-traded fund (ETF) that invests specifically in the automobile industry.  ( 20 min )
    Actively Managed ETF: Meaning, Overview, Limitations
    An active managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation.  ( 22 min )
    ETFs or Mutual Funds for Your IRA?
    Most actively managed mutual funds fail to beat the market over a long period of time, so it's probably best to go with ETFs for your IRA.  ( 22 min )
    Bond ETFs: A Viable Alternative
    Discover the advantages of bond ETFs, a security that tracks bond index funds but trades like a stock.  ( 21 min )
    What Is a Bond ETF? Definition, Types, Examples, and How to Invest
    Bond ETFs are very much like bond mutual funds in that they hold a portfolio of bonds that have different strategies and holding periods.  ( 26 min )
    Is There a Minimum Amount for a Home Equity Loan?
    Most lenders won't go below $35,000 for a home equity loan. In this article, we'll explain the alternatives.  ( 23 min )
    How To Use a VIX ETF in Your Portfolio
    VIX ETFs can be somewhat difficult to understand, but they also offer the potential for great returns.  ( 24 min )
    Exchange Traded Notes: An Alternative to ETFs
    Exchange-traded notes are structured a bit differently than exchange-traded funds but still have certain similarities. Here are the key differences.  ( 21 min )
    Airline Industry ETF Definition
    An airline industry ETF tracks the performance of a group of stocks of airline companies.  ( 21 min )
    Emerging Market ETF Definition
    An emerging market ETF tracks the performance of a group of stocks from companies located in emerging market economies.  ( 21 min )
    Work-in-Progress (WIP) Definition With Examples
    A work-in-progress (WIP) is a partially finished good awaiting completion and includes such costs as overhead, labor, and raw materials.  ( 27 min )
    Hedging With ETFs: A Cost-Effective Alternative
    Learn how the benefits of ETFs for hedging are numerous and can be enjoyed by investors of all sizes.  ( 23 min )
    Pigou Effect: Definition, History and Examples
    Pigou effect is a term in economics referring to the relationship between consumption, wealth, employment, and output during periods of deflation.  ( 25 min )
    7 Easy-To-Understand ETFs To Replace A Savings Account
    If you have a savings account or certificate of deposit, you’re probably not making much more than 1% each year from interest.  ( 25 min )
    Nvidia's Stock Slide Has Taken a Toll on Semiconductor ETFs
    Nvidia shares tumbled almost 9% this week after U.S. government officials announced more stringent curbs on exports of advanced AI chips to China, dragging down many technology-centric ETFs that are heavily exposed to the chipmaker.  ( 17 min )
    TikTok: What It Is, How It Works, and Why It’s Popular
    TikTok is one of the most popular video-sharing and social media apps in the world.  ( 30 min )
    Young Investors Are Waiting for Major Life Milestones to Seek Advisors
    High-net-worth investors under the age of 45 are waiting until major life events such as buying a home to seek help from a financial advisor, and are more likely to find advisors on social media, according to a Dynasty Connect survey.  ( 18 min )
    Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates
    Nokia (NOK) ended a challenging quarter in which profit plunged almost 70% as customers took out fewer subscriptions in a tough economy with rising interest rates.  ( 19 min )
    Indirect Tax: Definition, Meaning, and Common Examples
    An indirect tax is passed off to the consumer as part of the purchase price of a good or service. Learn how indirect taxes work and when you may face them.  ( 24 min )
    Income Definition: Types, Examples, and Taxes
    For individuals and businesses, income means the money that they receive for their labor or products. Each type of income has its own tax regulations.  ( 27 min )
    What Happens After You Refinance a Car Loan?
    Refinancing a car loan can lower your interest rate and monthly payment, adjust your repayment term, or even allow you to access some of the equity.  ( 26 min )
    CDs vs. Mutual Funds
    There are important differences between certificates of deposit (CDs) and mutual funds. In this guide, we'll take you through them.  ( 26 min )
    Benefits and Risks of Thematic ETFs
    There are thousands of ETFs available to investors today. How do theme ETFs help narrow the list of options?  ( 25 min )
  • Open

    ‘Big Short’ Investor Steve Eisman Advises Investors to Dive Into Stocks Benefiting From the U.S. Government’s Spending Spree — Here Are 2 Names That Analysts Like
    In contrast to some housing market doomsayers, Steve Eisman, who foresaw the 2007–2008 US housing crisis and whose exploits in profiting from the bubble’s collapse were documented in the Big Short, believes there is no impending housing crisis on the horizon. Instead, Eisman is basing his current investing strategy on a thesis he calls “revenge of the old school,” and is venturing into bonds for the first time in his career and acquiring stocks from traditional, established industries, all in an  ( 36 min )
    Money Managers With $100 Trillion Confront End of the Bull Market
    (Bloomberg) -- T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years. At Franklin Resources Inc., the latest member of a billionaire family to run the firm is trying to reverse a nearly uninterrupted 20-quarter losing streak. Across the Atlantic, the chief of Abrdn Plc has reached a blunt conclusion: merely managing mutual funds isn’t enough of a business any more.Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Be  ( 40 min )
    Stocks Poised to Open Higher
    No content preview  ( 16 min )
    Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
    (Bloomberg) -- The yen briefly weakened beyond 150 against the dollar again in early Asian trading on Monday as the wide yield gap between Japan and the US continued to weigh on the currency, keeping traders on guard against possible intervention from authorities in Tokyo. Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Bu  ( 34 min )
    Global billionaire tax could yield $250 billion - study
    Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday. If levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the research group hosted at the Paris School of Economics said. Currently billionaires' effective personal tax is often far less than what other taxpayers of more modest means pay because they can park wealth in shell companies sheltering them from income tax, the group said in its 2024 Global Tax Evasion Report.  ( 33 min )
    Asia Stocks Set For Losses as US Volatility Rises: Markets Wrap
    (Bloomberg) -- Asian stocks are set to fall in early trading as the rout in US stocks and Treasuries deepened amid geopolitical angst and worries global interest rates will stay elevated for longer. Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysIsrael Says Hezbollah Dragging Leban  ( 34 min )
    UAW’s Shawn Fain Has a Dangerous Opinion on Dividends
    The third front in UAW's war on auto makers is a risky strategy.  ( 21 min )
    Five Key Charts to Watch in Global Commodity Markets This Week
    (Bloomberg) -- It’s a busy week for earnings, with Exxon Mobil Corp., Chevron Corp., TotalEnergies SE and Eni SpA kicking off Big Oil’s reporting season. In metals, the world’s top gold producer Newmont Corp. and No. 3 Agnico Eagle Mines Ltd. also post results in the days ahead, while crop traders Archer-Daniels-Midland Co. and Bunge Ltd. headline agriculture companies.Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at High  ( 35 min )
    Here's why gasoline prices could sink 9% by year-end despite oil's surge
    Prices at the pump might fall as low as $3.25 by the end of 2023 amid seasonal shifts and overproduction, experts told Insider.  ( 35 min )
    Tesla 'digs its own grave with the Cybertruck,' Convoy collapses and Rivian scores a win at Rebelle
    Your usual host Kirsten was shredding off-road at the Rebelle Rally this week, so I'll be taking over the newsletter. In its eighth year, the Rebelle has become a proving ground of sorts for the 65 all-women teams who participate as well as stock manufacturer vehicles. There were 10 vehicles out of the 65 that fell into the electrified category such as the Jeep Wrangler Rubicon 4xe.  ( 38 min )
    Wall Street week ahead: Amazon, Microsoft, Boeing earnings and rising bond yields
    Investors are staring down a big week for corporate earnings with reports due from Amazon, Microsoft and Google, as well as Ford and GM with the UAW strike against the automakers dragging on.  ( 34 min )
    Alphabet, Microsoft, Meta, Amazon, Boeing, and More Stocks to Watch This Week
    Third-quarter earnings from Big Tech, auto makers, and more. Plus, a first look at GDP growth and the Federal Reserve's preferred inflation measure.  ( 22 min )
    Nvidia's Stock Slide Has Taken a Toll on Semiconductor ETFs
    Nvidia shares tumbled almost 9% this week after U.S. government officials announced more stringent curbs on exports of advanced AI chips to China, dragging down many technology-centric ETFs that are heavily exposed to the chipmaker.  ( 17 min )
    Saudi Wealth Fund And Hyundai Motors Agree to Build Auto Plant
    (Bloomberg) -- Hyundai Motor Co. has agreed a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker Lucid Motors Inc. in producing cars in the oil-rich kingdom.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Blinken Warns Iran’s Proxies on US Troop StrikesModerna Shaves Off $7 Billion in Value After Pfizer WarningIsrael Says Hezbollah Dragging Lebanon Toward War as T  ( 33 min )
    Gen Z is expecting an earlier retirement despite the many obstacles in their way
    On average, Generation Z hopes to retire by 61, far younger than older generations expect, a new study from Charles Schwab found.  ( 35 min )
    401(k) Inheritance Taxes Will Cost You This Much
    No content preview
    Can I Really Live Off The Interest of My $1 Million Portfolio?
    Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 37 min )
    5 Signs You Might Run Out of Money in Retirement ( & How to Prevent It)
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    Watch Out: This 5-Year-Rule Could Affect Your Roth Rollover Plans
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    I'm Retired & Divorcing. Are My Finances Going to Be a Wreck?
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    Ask an Advisor: My Child Works a Low-Paying Job. Is ‘This a Great Time' for Them to Max Out a Roth IRA?
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    A $1.5 Million Annuity Will Get You This Much Annually
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    Ask an Advisor: How Do I Pay Off $31K in Credit Card Debt in 2 Years? I Have $14K in Cash and $9K in Retirement Savings
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    Ask an Advisor: I'm 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest?
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    Ask an Advisor: I Have $240K in Debt, and My Portfolio Is Down. Should I Tap My Retirement Accounts to Repay Credit Card Debt?
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    Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio?
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    Retail investors can now bet on music royalties: 'We want people to have access'
    There's a new way to make money in the music industry — and it involves betting on your favorite songs.  ( 36 min )
    Tesla Can Do This to Create Billions in Value, One Analyst Says
    Tesla’s future includes being an auto parts company, according to RBC’s Tom Narayan.  ( 21 min )
    ‘Stay Patient,’ Says Morgan Stanley About Microsoft Stock
    Earnings season will turn up the volume dial next week when several of the tech giants enter the fray. Amongst them will be Microsoft (NASDAQ:MSFT), who will step up to deliver its fiscal first quarter of 2024 (September quarter) report on Tuesday (Oct 24) once the market action comes to a close. While Microsoft’s headline metrics beat expectations in the June quarter report, investors were left disappointed by the slowdown in cloud service Azure’s revenue growth. Looking ahead to the print, Mor  ( 34 min )
    11 charts to make sense of the stock market
    There seems to be a lot on investors’ minds lately. Fortunately, there are also lots of really smart people sharing charts that help contextualize all these issues.  ( 40 min )
    Meta, Alphabet, Amazon, Microsoft highlight earnings barrage: What to know this week
    Big tech takes center stage at a crucial time for markets as rising bond yields and fear of further Fed tightening have sent stocks lower in recent weeks.  ( 37 min )
    Central Banks Search for Lessons From the Great Inflation Outbreak
    (Bloomberg) -- After the most aggressive monetary-tightening campaign in four decades, academics and economic practitioners are running autopsies on what could have prevented the cost-of-living crisis and how to ensure the same mistakes won’t be repeated.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIsrael Latest: Gaza Aid Called Inadequate as New  ( 36 min )
    Asset Managers Are Updating Bond Models to Capture a New Risk
    (Bloomberg) -- A growing number of asset managers is reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIsrael Latest: Gaza Aid Called Inadequate as New Convoy ArrivesIsrael Latest: Gaza Air Strikes to Intensify Be  ( 34 min )
    Are you leaving money on the table: How 1 in 4 couples is missing out on 401 (k) savings
    One in four married couples leaves valuable retirement funds on the table by failing to claim employer matches in their 401 (k) plans, a study finds.  ( 35 min )
    Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates
    Nokia (NOK) ended a challenging quarter in which profit plunged almost 70% as customers took out fewer subscriptions in a tough economy with rising interest rates.  ( 19 min )
    A Huge Bank Doubled Down on NIO Stock. It Sold Intel, Salesforce, and Disney.
    No content preview  ( 20 min )
    Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
    An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. The landmark agreement, brokered by the Organization for Economic Cooperation and Development, set a minimum global corporate tax of 15%. The idea was to stop multinational corporations, among them Apple and Nike, from using accounting and legal maneuvers to shift earnings to low- or no-tax havens.  ( 34 min )
    Meta, Amazon Earnings Put Stock Market to the Test
    A slide in Tesla shares suggested traders have little patience for disappointing results.  ( 28 min )
    TipRanks ‘Perfect 10’ List: These 2 Top-Rated Stocks Tick All the Right Boxes
    Every investor wants to get the best returns, and that means building a portfolio based on the best stocks. The only ‘trick’ to succeeding in the market is knowing how to find those stocks – but it’s quite a trick, since the reams of data generated by thousands of traders dealing in thousands of stocks makes an imposing barrier. Fortunately, investors can turn to the Smart Score tool, an AI-driven algorithm created by TipRanks that gathers, sorts, and collates the real-time data from millions of  ( 36 min )
    Time for central bank digital currencies to prove their worth
    A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for newest incarnation of money to prove its worth. A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 million users, India is gearing up for a pilot and some 130 countries representing 98% of the global economy are exploring digital cash. The ECB's move on Wednesday to establish a pilot that could lead to a digital currency for the 20 countries that use the common currency, making it the first heavyweight Western central bank to formally forge ahead, could become a global blueprint.  ( 34 min )
    Rolls-Royce facing £350m class action lawsuit from investors
    Rolls-Royce, the FTSE 100 engineering giant, is facing a potential legal claim from investors worth at least £350m after a bribery and corruption scandal wiped millions of pounds from the company’s value.  ( 34 min )
    Europe’s Biggest Money Managers Bet ECB Rates Haven’t Hit a Peak
    (Bloomberg) -- Some of the biggest money managers in Europe say traders are wrong to bet the European Central Bank is done hiking interest rates. Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Moderna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIntel, Siemens Pull Out of Web Summit After Israel RemarksAs a net energy importer, the regio  ( 33 min )
    Saving Atos: Jean-Pierre Mustier handed one of France’s messiest rescue missions
    Former UniCredit boss steps into governance and political quagmire to turn around indebted tech contractor  ( 6 min )
    How long will the capacity correction take?
    It may not seem or read like it, but the trucking market is slowly tightening. The question is how much time till it is noticeable? The post How long will the capacity correction take? appeared first on FreightWaves.  ( 35 min )
  • Open

    Nvidia's Stock Slide Has Taken a Toll on Semiconductor ETFs
    Nvidia shares tumbled almost 9% this week after U.S. government officials announced more stringent curbs on exports of advanced AI chips to China, dragging down many technology-centric ETFs that are heavily exposed to the chipmaker.  ( 1 min )
  • Open

    Failliete winkelketen Big Bazar maakt geen doorstart
    De failliete winkelketen Big Bazar maakt geen doorstart. Dat hebben curatoren in een mededeling aan het personeel laten weten.  ( 10 min )
    Brussel overweegt gasprijsplafond te verlengen vanwege oorlog Israël
    De Europese Commissie overweegt het prijsplafond voor aardgas in de Europese Unie langer in stand te houden, zeggen bronnen tegen zakenkrant Financial Times. Door de oorlog in Israël vreest de commissie dat de gasprijs deze winter opnieuw flink kan stijgen.  ( 9 min )
    NU+ | Hoog rendement, verplicht meedoen: Nederlanders hebben beste pensioen
    Afgelopen week werd duidelijk dat ons pensioenstelsel nog altijd het beste van de wereld is. Al jaren staat Nederland aan de top, maar wat maakt die Nederlandse pensioenen nu zo sterk? En wat is minder goed geregeld?  ( 10 min )
    Bedrijfsleven wil regie van de overheid bij aanpak van witwassen
    De overheid moet de regie nemen in de strijd tegen witwassen. Dat zegt een brede coalitie uit het bedrijfsleven. Door wet- en regelgeving kan het bedrijfsleven vaak zijn rol als poortwachter van het financieel stelsel niet uitvoeren, vinden ze.  ( 8 min )
    NU+ | Kamer stemt over cyberwet: 'Geen interesse in Netflix-gedrag buurman'
    De Tweede Kamer stemt dinsdag over een aanpassing van de inlichtingenwet. Daarmee moeten de inlichtingendiensten meer ruimte krijgen om internetverkeer te onderscheppen. "We zijn niet geïnteresseerd in het Netflix-gedrag van uw buurman", zegt demissionair minister Hugo de Jonge. Toch klinkt er kritiek.  ( 10 min )
    NU+ | Stroomnet raakt overvol en bedrijven op een wachtlijst: hoe zit dat?
    Het Nederlandse stroomnet is overvol. Dat maakt het moeilijk om een bedrijf te beginnen dat veel stroom nodig heeft. Er staan nu 6.600 bedrijven op een wachtlijst voor een aansluiting op het netwerk, en de krapte zal nog jaren aanhouden. Hoe zit dat?  ( 9 min )
    Praat Mee | Heb jij de verwarming al aangezet?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de verwarming. Na een lange nazomer werd het afgelopen week zo koud dat in veel huishoudens de verwarming weer werd aangezet. Heb jij dit al gedaan of juist niet? En heb je zelf nog tips om energie te besparen?  ( 8 min )
  • Open

    Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates
    Nokia (NOK) ended a challenging quarter in which profit plunged almost 70% as customers took out fewer subscriptions in a tough economy with rising interest rates.  ( 1 min )

  • Open

    The Downward Spiral of Trading Addiction
    Trading in the financial markets can spark feelings that can lead to trading addiction.  ( 26 min )
    Going All-In: Investing vs. Gambling
    Investing and gambling both involve risk and choice—specifically, the risk of capital with hopes of future profit. But the odds are against gamblers from the start and usually increase over time, while investors can mitigate risk and usually profit in the long-term.  ( 27 min )
    How to Open a CD for a Child
    You can use a custodial account to open a CD for a child. In this guide, we'll show you how.  ( 24 min )
    What Is Backward Induction? Definition, How It Works, and Example
    In game theory, backward induction is the process of deducing backward from the end of a problem or scenario to infer a sequence of optimal actions. See how it works.  ( 24 min )
    CDs vs. Annuities: What's the Difference?
    Both CDs and annuities offer a low-risk, low-return way of investing. However, there are some important differences between these financial products.  ( 24 min )
    What Is the Payment on a $500,000 Home Equity Loan?
    In this guide, we’ll show you how to calculate your home equity loan payments.  ( 25 min )
    CDs vs. Crypto: What's the Difference?
    CDs and crypto are two very different ways to invest. CDs are low risk and low return, while crypto is the opposite. We'll explain both in this guide.  ( 23 min )
    Drake Tied With Michael Jackson For Billboard Singles—Here's Drake's Net Worth
    Rapper and singer Drake has made millions from successful albums and concert tours, while also amassing a fortune from business ventures such as his own record label, and liquor brand, and lucrative endorsement deals with major brands like Nike.  ( 19 min )
    Homes Have Somehow Gotten Even Less Affordable
    As of August, homebuyers needed a household income of $115,000—about $40,000 more than the average household earns—in order to buy a median-priced home, online real estate firm Redfin said in a report this week.  ( 18 min )
    The United States vs. Canada: Differences in Investing
    Though there are certainly some differences, American and Canadian investors have more in common than not.  ( 26 min )
    Cryptocurrency Scams: How To Spot, Report, and Avoid
    Due to the rise in reported crypto scams, being aware of common types and ways to protect yourself from them is more important than ever.  ( 28 min )
    Health-Care Premiums Up 7% in 2023 After Modest Rise Last Year, Survey Finds
    Employer-sponsored health care premiums jumped in 2023 as persistent high inflation affects medical costs.  ( 17 min )
    Mortgage Note: What It Is & How It Works
    A mortgage note is a legal document for the loan contract between the lender and borrower when purchasing real estate.  ( 21 min )
  • Open

    Google ordered to pay $1 million to female exec who sued over gender discrimination
    Ulku Rowe, a Google Cloud engineering director, filed a lawsuit against Google claiming it offered her a lower level, lower paid job than was given to men with less experience, and denied her promotions despite her qualifications.  ( 32 min )
    Going All-In: Investing vs. Gambling
    Investing and gambling both involve risk and choice—specifically, the risk of capital with hopes of future profit. But the odds are against gamblers from the start and usually increase over time, while investors can mitigate risk and usually profit in the long-term.  ( 27 min )
    Warren Buffett shared timeless investment wisdom in his first-ever national TV interview nearly 40 years ago. Here are the best 9 quotes.
    Warren Buffett was worth $500 million when he sat down with for his first-ever national TV interview with PBS in 1985.  ( 34 min )
    Treasury yields are surging. Here's what history says might come next for the bond market.
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    Hackers leak more 23andMe data, X cracks down on porn and Andreessen writes a manifesto
    Welcome, folks, to Week in Review (WiR), TechCrunch's regular newsletter that highlights notable tech industry happenings over the past few days. Life moves pretty fast, as a young Matthew Broderick once said -- we empathize. In this edition of WiR, we cover a hacker leaking millions of 23andMe customer records, X's crackdown on porn, Meta's Ray-Ban sunglasses and Marc Andreessen's tone-deaf manifesto.  ( 36 min )
    Why now is actually a good time to buy a house
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    Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse
    (Bloomberg) -- The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIsrael Latest: Gaza Air Strik  ( 37 min )
    Wild Treasuries Swings Just Starting as Bond Traders ‘Buckle Up’
    (Bloomberg) -- A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Intel, Siemens Pull Out of Web Summit After Israel Re  ( 34 min )
    Bank Bonds That Cut Risk Draw Ares and Blackstone: Credit Weekly
    (Bloomberg) -- Banks are reviving the sale of credit-linked notes, a type of synthetic securitization that’s been relatively uncommon in the US since the financial crisis, ahead of new rules that will require them to hold more regulatory capital.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Moderna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel Cont  ( 36 min )
    The best and worst retirement systems in the world: US is just mediocre, survey finds
    The US retirement income system earned a C+ in the 15th annual Mercer CFA Institute Global Pension Index.  ( 36 min )
    Where the housing market has Morgan Stanley only seeing pain for homebuyers ahead, Zillow keeps cutting its forecast. Here’s why
    Are we on the brink of a "housing recession" as existing home sales plummet to 2010 levels? Zillow is doubling down on its prediction on home prices.  ( 34 min )
    Web Summit CEO resigns after comments on Israel-Hamas conflict
    "Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend," Cosgrave said in a statement. Web Summit, which organises one of the world's largest tech conferences every year, will appoint a new CEO as soon as possible, a spokesperson for the company said in an emailed statement, adding that Web Summit 2023 in Lisbon will go ahead as planned. According to a Bloomberg report on Friday, Google and Meta Platforms Inc, as well as several other tech companies including Intel Corp and Siemens AG have decided not to participate in the event.  ( 33 min )
    Analysts find strength in consumer stocks Hershey, P&G, J&J
    Consumer staples is the third worst performing sector this year, but early earnings results show sentiment towards the sector may soon shift.  ( 36 min )
    This Is What Actually Happens to Your Mortgage When You Die
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    Canada's LNG Ambitions Set To Reshape Global Gas Market
    Canada is making significant strides in developing its first LNG export facility, with the potential to boost North America's LNG supply chain.  ( 35 min )
    Can I Make $1,000 Bucks Every Month in Dividends?
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    $2 Million Will Last You This Long if You Retire at 55
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    Ask an Advisor: My Investments Are ‘Dwindling Away Slowly.' Should We Flee to Cash?
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    Is It Possible For My Beneficiaries to Transfer Property Out of a Trust After I Die?
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    5 Incredibly Costly Retirement Withdrawal Mistakes to Avoid at All Costs
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    Ask an Advisor: Help Me Understand the ‘Best Way' to Manage an IRA. Is It Better to Pay Taxes Now or in Retirement?
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    Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
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    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
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    Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.' Should I Withdraw My Money and Invest in CDs?
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    Ask An Advisor: Where Should I Stash Short-Term Savings?
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    The Weight of War: What Happened This Week to Oil, Defense Stocks, and Gold.
    Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas earlier this month.  ( 17 min )
    The U.S. Cities With the Most Cutting-Edge Tech Workers
    Tech hubs: Which cities are at the top of the heap as far as technology workforces and skills?  ( 25 min )
    Dow Jones Futures: Market Point Break? Microsoft, Meta, These Titans Lead Earnings Wave
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    China coal imports hit record high after surge in air conditioning use
    Millions of people turning on air conditioners have prompted China to import record amounts of coal to support its electricity grid.  ( 33 min )
    Dow Jones Slumps 287 Points, Weighed Down By American Express; Tesla Violates Key Level
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    The Gold Price Rally Faces A Key Test. Why A Passing Grade Could Lead To A Long-Term Move.
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    The laid-off masses have a message for Mark Zuckerberg and Marc Benioff: We’ll never come back
    Over half of professionals told Glassdoor in a new survey that they wouldn’t boomerang back to a job they were laid off at.  ( 33 min )
    China to bolster economic recovery and curb risks -central bank head
    China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People's Bank of China Governor Pan Gongsheng said in a report published on Saturday. The central bank will make its policy more "precise and forceful", while guiding financial institutions to cut real lending rates and reducing financing costs for firms and individuals, Pan said in the report published on the bank's website. Efforts will be made to activate the capital markets and boost investor confidence, Pan said in the report that outlined the authorities' near-term priorities and was delivered to the country's parliament.  ( 32 min )
    The new strategy for US banks: Shrink
    Lenders are shedding people, loans, and businesses as they try to stabilize their earnings during a challenging period for the industry.  ( 37 min )
    S&P 500 Giant Adobe Leads Five Stocks Near Buy Points Without This Risk
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    Homebuyers and owners get a lending boost from potential rental units on their properties
    New law allows lenders count 75% of estimated rental income from accessory dwelling units, or ADUs for purchase mortgage and 50% for to-be-built ADU for renovation mortgage.  ( 35 min )
    Chevron, Repsol Poised to Capitalize on Venezuelan Oil Opening
    (Bloomberg) -- Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that punishing US sanctions have been relaxed. The surprise move on Oct. 18 allows international companies to apply the full weight of their expertise and technology to crude fields and infrastructure that atrophied amid years or underinvestment, civil turmoil and international isolation. Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Str  ( 34 min )
    China to bolster economic recovery and curb risks, central bank head says
    China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People's Bank of China Governor Pan Gongsheng said in a report published on Saturday. The central bank will make its policy more "precise and forceful", while guiding financial institutions to cut real lending rates and reducing financing costs for firms and individuals, Pan said in the report published on the bank's website. Pan said efforts would be made to activate the capital markets and boost investor confidence.  ( 32 min )
    China Raids Offices of WPP Unit GroupM, Detains Executive
    The police raid comes as Beijing takes an increasingly tough stance on foreign businesses.  ( 27 min )
    Apple CEO Tim Cook meets Chinese vice-premier, renews commitment to China
    Chinese Vice-Premier Ding Xuexiang and Apple CEO Tim Cook have met in Beijing, with both committing to Apple's participation in developing the country's digital economy and hi-tech supply chain, as the US tech giant attempts to shift its China narrative amid controversies over national security and censorship. After a quiet start, Cook's surprise China trip has ramped up over the past few days, to include meetings with Ding and other high ranking officials such as Ministry of Industry and Inform  ( 34 min )
    ‘Generational wealth’ influencers tout benefits of parents adding kids to credit cards
    TikTok is rife with influencers advising parents give their children access to credit—but many aren’t being clear about the downside risk.  ( 35 min )
    Millennials are discovering this recession-resistant asset of the super-rich—and some indexes show it’s outperforming the S&P500
    JPMorgan, Christie's and LiveArt weigh in on why the asset of art is so powerful—but the pitfalls to be wary of.  ( 36 min )
    Most Seniors Will Need Long-Term Care. Here’s How to Save for It.
    One report found that 80% of seniors will need long-term care. Less than 4% of Americans have long-term care insurance.  ( 24 min )
    UAW Leader Cites Progress at Bargaining Table, Forgoes More Walkouts
    United Auto Workers President Shawn Fain says automakers still have “more to give” in contract talks.  ( 30 min )
    Demand destruction will outweigh a wider Mideast conflict in oil markets, JPMorgan says
    Israel's past conflicts have rarely resulted in major turmoil for oil markets, JPMorgan wrote.  ( 34 min )
    The Dow's transportation index is ringing alarm bells about the broader stock market
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    Home prices could drop 5% next year if mortgage rates stay at 2-decade highs, Morgan Stanley says
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    The stock market's volatility indicator is signaling a trough in the S&P 500
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    'The Big Short' investor Steve Eisman says he's buying stocks rooted in the 'old economy,' and that there's no new housing crisis in sight
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    Stocks Sense Trouble, Even Though the Economy Is Strong
    Rising yields have put a damper on the stock market. But for now, household wealth is offsetting monetary tightening.  ( 23 min )
  • Open

    Grote Chinese bierproducent onderzoekt medewerker die over gerstemout plaste
    Een van de grootste bierproducenten van China is een onderzoek begonnen naar een fabrieksmedewerker, nadat een video viraal ging waarin hij urineerde over een voorraad gerstemout in een magazijn.  ( 8 min )
    Toonaangevende kredietbeoordelaar optimistisch over Nederlandse economie
    Ratingbureau S&P Global is optimistisch over de Nederlandse economie in 2024. De toonaangevende kredietbeoordelaar voorziet dat de economie vanaf volgend jaar gaat aantrekken, ondersteund door een sterkere binnenlandse vraag.  ( 8 min )
    Topvrouw van grootste Duitse vakbond richt pijlen op Elon Musk
    De aanstaande topvrouw van Duitslands machtigste vakbond IG Metall waarschuwt Elon Musk. De Tesla-topman probeert volgens haar vakbondsvorming in Duitsland te voorkomen.  ( 8 min )
    Oud-bestuurder Carel van den Driest overleden
    Carel Juliaan van den Driest, voormalig bedrijfscommissaris en bestuurder bij onder andere Vopak is op 75-jarige leeftijd overleden. Dat heeft zijn familie bekendgemaakt in een overlijdensadvertentie in NRC.  ( 8 min )
    NU+ | Najaarstrek in volle gang: zo proberen windparken vogels te sparen
    Om barre winters te ontvluchten, vliegen miljoenen vogels tijdens de najaarstrek Nederland over. Ze passeren ook de Noordzee, waar veel windmolens staan. Windparken en de overheid nemen maatregelen om zo min mogelijk vogelslachtoffers te veroorzaken. "Een windmolen mag geen gehaktmolen worden."  ( 9 min )
    Deze week ging massaal de verwarming aan (en het gasverbruik omhoog)
    Na een lange nazomer werd het afgelopen week zo koud dat in veel huishoudens de verwarming voor het eerst sinds het voorjaar weer werd aangezet. Daarmee liep ook het gasverbruik op. Dat is wel veel later dan afgelopen jaren.  ( 10 min )
    NU+ | Met het opsporen van sluipverbruik kun je veel geld besparen
    Er zijn apparaten in huis die in stand-by veel stroom verbruiken. Maar zelfs het uitzetten van een apparaat is geen garantie dat hij geen elektriciteit meer verbruikt. Met een energiemeter kun je sluipverbruik opsporen om uiteindelijk geld te besparen.  ( 9 min )
    NU+ | ZA 5.00: Met het opsporen van sluipverbruik kun je veel geld besparen
    Er zijn apparaten in huis die in stand-by veel stroom verbruiken. Maar zelfs het uitzetten van een apparaat is geen garantie dat hij geen elektriciteit meer verbruikt. Met een energiemeter kun je sluipverbruik opsporen om uiteindelijk geld te besparen.  ( 9 min )
    ZAT5u Deze week ging massaal de verwarming aan (en het gasverbruik omhoog)
    Na een lange nazomer werd het afgelopen week zo koud dat in veel huishoudens de verwarming voor het eerst sinds het voorjaar weer werd aangezet. Daarmee liep ook het gasverbruik op. Dat is wel veel later dan afgelopen jaren.  ( 10 min )

  • Open

    Amazon Stock Could Climb More Than 35%, Wedbush Says
    Wall Street research on Amazon.com, Pfizer, Bank of New York Mellon, J.B. Hunt, and Tyler Technologies  ( 23 min )
    Another stock market buy signal flashes as investors flee to 'extreme bearish' positioning
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    Morgan Stanley Ramps Up ETF Push with 5 New Funds
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    VMware Holders Face Key Deadline on Monday for Broadcom Merger
    Shareholders have until Monday to decide whether to get cash or stock for Broadcom’s purchase of the software company.  ( 18 min )
    Investors seek shelter as U.S. stocks grow more turbulent
    Growing volatility in U.S. stocks is driving a search for defensive assets, though investors may have fewer places to hide this time around. Wall Street’s most closely-watched measure of investor nervousness, the Cboe Volatility Index, on Friday hit its highest in nearly seven months, as the S&P 500 slid for the week. Assets that can help investors weather the storm may be in short supply.  ( 34 min )
    Rivian Sticks to Its Plans as Things Get Tough for EV Makers
    Rivian Automotive said it plans to start construction on its second EV plant, in Georgia, right on schedule in 2024.  ( 21 min )
    Bond Yields Are Flying. Here Are 7 Stocks to Play the Trend.
    Companies such as BlackRock, T. Rowe Price, and AllianceBernstein could benefit from growing investor interest in bonds and any move away from alternative investments.  ( 27 min )
    Billionaire investor Leon Cooperman says the S&P 500 won't hit a new high for years – and house prices will probably fall
    Leon Cooperman told Insider the stock market was overpriced and poised to underperform in the years ahead and home prices were at unsustainable highs.  ( 33 min )
    Apple Stock Falls Again. What’s Behind the Losing Streak.
    Apple 6-day stock’s losing streak is the longest since January 2022.  ( 18 min )
    Investors Are Forced To Recalibrate as 10-Year Treasury Yield Flirts with 5%
    After years of equity-friendly low interest rates, the benchmark 10-year U.S. Treasury yield is flirting with the 5% level, complicating investing choices and forcing a market reorientation.  ( 21 min )
    The IRS will soon set new tax brackets for 2024. Here's what to know.
    The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.  ( 32 min )
    Johnson & Johnson Considers Ditching Texas Two-Step for Third Talc Bankruptcy
    The healthcare giant is exploring another bankruptcy and a Supreme Court appeal to try to resolve its mass talc liabilities.  ( 23 min )
    SLB's North American Sales Fall for a Second Straight Quarter, and Shares Drop
    SLB's revenue in North America slumped for a second consecutive quarter, and overall sales missed forecasts.  ( 18 min )
    Regions Financial Shares Sink as Results Miss Estimates, Squeezed by High Interest Rates
    Regions Financial missed estimates for profit, sales, and interest income as high interest rates squeezed the bank's finances.  ( 18 min )
    Only 2 Major Automakers Haven’t Adopted Tesla’s EV Charging Standard
    But two other major automakers just joined the fold.  ( 33 min )
    The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in
    Zillow warned in May that housing would enter a “deep freeze” if mortgage rates hit 8%. They came anyway—and existing home sales hit a 13-year low.  ( 36 min )
    Top CD Rates Today: 15 Choices Offer Historic Returns of 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Stocks tumble amid bond market pummeling: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 42 min )
    Are the 7 Big Tech Stocks Overvalued? Here’s One Way to Tell.
    We work the cash-flow math on the Big Seven tech stocks and rate them Yeah, Meh, and Nah.  ( 27 min )
    The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense
    The US's ballooning debt burden could eventually chip away at the demand for Treasury bonds, according to Capital Group.  ( 33 min )
    Canada Pension Plan (CPP) vs. U.S. Social Security: What's the Difference?
    The Canada Pension Plan (CPP) and U.S. Social Security system provide retirement, survivor, and disability benefits. See how their contributions and benefits compare.  ( 27 min )
    Dip buyers flock to Tesla Bull ETF amid stock selloff
    Investors piled into a leveraged exchange traded fund that bet on upside in Tesla's shares as the company's stock price sank following a weaker-than-expected earnings report. The Direxion Daily TSLA Bull 1.5X Shares ETF, the largest single-stock ETF for bullish bets on Tesla's shares, saw net daily inflows of $24.9 million on Thursday, according to Lipper data. The inflows came as the $833 million fund - which seeks to track 150% of Tesla's daily stock price performance - fell 14% on Thursday, while Tesla's shares fell 9.3% to a two-month low the day after CEO Elon Musk warned that high interest rates could sap demand for electric vehicles.  ( 33 min )
    Oracle Stock Falls After AI Event Highlighted Challenging Buildout
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    3 REITs With Upcoming Earnings And Dividend Yields Over 7%
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    3 REITs That Were Hit With Downgrades This Week
    Analysts downgrade a stock for several reasons. The stock may have risen so much in recent weeks that the analyst feels the stock is no longer a good value relative to its price, or the analyst feels a company is unlikely to perform well in the coming months. This could be because of increased competition, a decline in its products or services, a perceived downturn in the general economy or the resignation of a longstanding company insider. Whatever the reasons, investors holding positions in do  ( 35 min )
    Summers Says Fed Will Have to Engage on Growing US Debt Pile
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers said the Federal Reserve will at some point have to weigh in on the US government’s growing mountain of debt because of its implications for interest rates. Most Read from BloombergIsrael Latest: Hamas Says Two US Hostages Held in Gaza ReleasedHere’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Does Israel Get Its 220,000 Barrels of Oil Every Day?UAW  ( 34 min )
    Week’s Best: Reasons to Avoid Choosing a Family Member as Your Successor Trustee
    Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 23 min )
    Why FTX's Plan To Refund 90% of Recovered Assets Doesn't Add Up To 90% of Customer Losses
    Failed crypto exchange FTX proposed a plan to refund up to 90% of assets recovered to customers, but some creditors say that the actual refund could be smaller than what customers lost.  ( 20 min )
    Analyst Report: Kinder Morgan Inc
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    Analyst Report: Etsy Inc
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    Analyst Report: American Express Co.
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    Analyst Report: Genuine Parts Co.
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    Market Update: AXP, GPC, NOK, BMI, KMI, ETSY
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    Will I Owe Taxes on Reinvested Dividends?
    Investing in dividend stocks can create a nice stream of passive income. Instead of receiving payouts as cash, you can also use dividends to increase your holdings by reinvesting them to purchase additional shares of stock. Among other benefits, reinvesting dividends can help you avoid brokerage fees. However, even when you don't receive dividends as […] The post Do You Pay Taxes on Dividends Reinvested? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
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    The Last 5 Years Before You Retire Are Critical: Everything You Should Do Before Time Runs Out
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    UAW presses Detroit automakers for better offer, threatens more walkouts
    DETROIT (Reuters) -United Auto Workers President Shawn Fain on Friday warned of more walkouts at U.S. truck and SUV factories unless the Detroit Three automakers improved wage and benefit offers, insisting companies could afford more than the record packages on the table. "We're striking the Big Three like we've never struck before," Fain said. After five weeks of strikes, Fain said the UAW had received fresh contract offers from General Motors and Chrysler-parent Stellantis in the past 24 hours.  ( 35 min )
    Stocks haven’t been this volatile since the regional banking crisis
    Wall Street's favorite volatility gauge is picking up steam as a number of headwinds weigh on investor sentiment.  ( 34 min )
    Moderna Shaves Off $7 Billion in Value After Pfizer Warning
    (Bloomberg) -- The pandemic officially ended months ago, allowing a weary public to get back to normal living. That was great news for large swaths of the economy.Most Read from BloombergIsrael Latest: Hezbollah Fires Missiles as Leaders Head to CairoHere’s What 8% Mortgage Rates Will Do to the Housing MarketWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’UAW and General Motors Inch Toward Tentative Deal, Unio  ( 34 min )
    Stocks slide as week of battering by yields nears end: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 36 min )
    What Are the Pros & Cons of the Section 199A Dividend Tax Deduction?
    Section 199A dividends are distributions from the profits of domestic real estate investment trusts (REITs) that qualify for a special 20% tax deduction. Investing in Section 199A dividends can provide a valuable tax deduction for investors, and income limits don't apply to Section 199A income from REITS. Understanding the ins and outs of this tax […] The post What Are Section 199A Dividends? appeared first on SmartReads by SmartAsset.  ( 34 min )
    El-Erian Says Fed Has No Vision, Warns of Overtightening Risks
    (Bloomberg) -- The US economy is seeing a period of “greater uncertainty” because of a lack of vision from Federal Reserve officials who remain determined to bring inflation back down to their 2% target, said Mohamed El-Erian.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketIsrael Latest: Hezbollah Fires Missiles as Leaders Head to CairoBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Di  ( 33 min )
    Dow Jones Falls As Gold Heads Higher; Student Loans Repayment Misfires
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    The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks
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    AT&T Stock Is Having Its Best Week in a Year
    Shares of AT&T have had a good week. AT&T stock was recently up 3%, on pace for its best week since last October, buoyed by upbeat news about cellphone  ( 23 min )
    These 12%-Plus Dividend Stocks Look Very Attractive Right Now, Analysts Say
    Year-to-date, markets are up – some 12% for the S&P 500, and 28% for the NASDAQ, even after recent volatility and pullbacks. But there’s worry in the air, and the red flags are flying. A combination of persistently high inflation and interest rates, along with an increasingly dangerous geopolitical situation, has more and more experts calling out warnings. On the domestic policy side, Federal Reserve chairman Jerome Powell said in recent comments, “Inflation is still too high, and a few months o  ( 36 min )
    Ryan Reynolds Made Over $450 Million In Just A Few Years But Insists He's Not A Pro Investor: 'Experts Have Forgotten More About Investing Than I'll Ever Know'
    When people hear the name Ryan Reynolds, they might immediately think of the sharp-witted actor famous for roles like Deadpool. But these days, Reynolds is making headlines for a different reason: his skill as an entrepreneur. With a collection of business ventures that have sold for more than $2 billion, Reynolds is proving he's not just a one-trick pony. In an interview with "Mad Money" host Jim Cramer, Reynolds delved deeper into his investment philosophy, particularly regarding Mint Mobile.  ( 34 min )
    VinFast, Vietnamese Billionaire's EV Startup, Secures Up to $1 Billion in Funding
    VinFast Auto, an electric-vehicle maker controlled by Vietnam's richest man, agreed to potentially sell up to $1 billion of shares to Yorkville Advisors, a U.S.-based investment firm. The company has the option, but not the obligation, to sell the shares to Yorkville over the next 3 years, accordin  ( 24 min )
    Nvidia Gets Another Price-Target Cut. China Restrictions Will Have Consequences, Analyst Says.
    KeyBanc Capital Markets analyst John Vinh cuts his price target on Nvidia to $650 from $750.  ( 19 min )
    More Regional Banks Earnings Are Out: Huntington, Comerica, Regions Financial
    Another round of regional banks is out with third-quarter earnings. The results this week have pointed to mounting expense pressures on midsize and smaller players. An index of regional bank shares fell Friday morning. Here are the highlights: Huntington Bancshares: Profit fell 8% from a year e  ( 23 min )
    Solar-Power Stocks Tumble on Slowing Installations; SolarEdge Plummets
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    Bitcoin briefly rallies above US$30,000 following Grayscale’s new ETF application
    Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.  ( 33 min )
    Dow Jones Futures Extend Losses From Market Sell-Off; SolarEdge Crashes 28% On Warning
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    Comerica Profit Tumbles but the Bank’s Earnings Beat Expectations. Here’s Why.
    The regional bank posted third-quarter earnings of $1.84 a share, while Wall Street was expecting $1.69.  ( 14 min )
    SLB Beats Q3 Profit Forecasts On Growth In The Middle East. Has Israel-Hamas War Changed Its Strategy?
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    6 Of The Year's Best Stocks Are Crashing Now (Including Tesla)
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    M&A to explode in 2024 as roughly 1,200 companies are expected to run out of money
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    Regions Financial Stock Falls After Earnings Miss
    Regions Financial posts third-quarter revenue and net interest income below expectations.  ( 14 min )
    Employees are so sick of the five-day workweek that most would take a pay cut to make a four-day week happen
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    Knight-Swift Stock Is Soaring. The Trucker’s Solid Earnings Aren’t What’s Driving It.
    Knight Swift posted third-quarter earnings per share of 41 cents from sales of $2 billion. Wall Street was looking for 36 cents and $1.9 billion, respectively.  ( 20 min )
    5 Things to Know Before Markets Open
    Shares of solar stocks fell after SolarEdge Technologies warned of canceled European orders and Knight-Swift Transportation shares jumped after it reported rising revenue in its less-than-truckload business. Here’s what investors need to know today.  ( 18 min )
    Moscow tells officials to buy Russian Ladas, Chinese cars
    As the West shuns Russia, Russia has shunned Western corporations. The Kommersant newspaper this year reported the Kremlin had told officials involved in preparations for Russia's 2024 presidential election to stop using Apple iPhones because of concerns the devices are vulnerable to Western intelligence agencies. On Friday, the Industry and Trade Ministry said the car list was made up of those recommended for priority use by state and municipal employees for official purposes, following an instruction from President Vladimir Putin.  ( 32 min )
    Stocks fall as week of battering by yields nears end: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 35 min )
    US futures fall as week of battering by yields nears end: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 34 min )
    How a Vegas Whale, and Many More, Tap Billions Meant for US Housing
    (Bloomberg) -- As prices across the US climbed last year, Texas tycoon and legendary high-stakes poker player Andy Beal saw a chance to profit. All he needed was several billion dollars to wager on inflation.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This Y  ( 44 min )
    American Express Posts Record Results as Households Keep Spending and Traveling
    American Express says third-quarter revenue rose 13% to $15.4 billion.  ( 16 min )
    Daily Spotlight: Headed Back to Normal
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    Technical Assessment: Neutral in the Intermediate-Term
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    AmEx's third-quarter profit beats estimates on buoyant spending
    AmEx, which caters to a premium customer base, has largely been able to mitigate the hit from inflation and the Federal Reserve's rate hikes, which have made borrowing costly and reined in discretionary spending. "Travel and Entertainment (T&E) spending remained robust... Restaurant spending was again one of our fastest-growing T&E categories," CEO Stephen Squeri said in a statement.  ( 33 min )
    Analyst Report: Citizens Financial Group Inc
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    Analyst Report: Las Vegas Sands Corp
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    Analyst Report: Equifax, Inc.
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    Analyst Report: KeyCorp
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    Analyst Report: ProLogis
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    Amazon managers given the greenlight to fire employees who won’t work from the office 3 days a week
    “Continued non-compliance” with the tech giant’s return-to-office mandate could land employees in hot water, according to Amazon’s new management guidelines.  ( 34 min )
    EV maker VinFast strikes shares deal with Yorkville for up to $1.0 billion
    Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with U.S.-based fund Yorkville Advisors as it seeks to fund expansion in overseas markets. VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1.0 billion worth of ordinary shares in VinFast at any time during the term of the agreement, VinFast said in a filing to the U.S. securities authority.  ( 31 min )
    Market Digest: TSM, PLD, EFX, JNJ, KEY, LVS, NFLX, TSLA, CFG
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    VinFast Inks $1 Billion Share Sale Pact With Yorkville Advisors
    (Bloomberg) -- VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the Vietnam electric vehicle maker seeks to boost the public float of its US-listed stock.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Ringgit Falls to 25-Year Low, the Worst Performer  ( 34 min )
    Pimco Is Selling Hung Debt It Bought From Banks for a Premium
    (Bloomberg) -- Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down prices. Now it’s started to slowly offload some of those positions at double-digit premiums.Most Read from BloombergIsrael Latest: China Sends Envoy to Cairo, US Senators in SaudiHere’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Does Israel Get Its 220,000 Barrels of Oil Every Da  ( 34 min )
    Exxon Makes Up for Lost Time With $60 Billion Shale Deal
    (Bloomberg) -- Three years ago, oil prices dipped below zero and Scott Sheffield’s company — like so many other producers — was in trouble.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Israel Latest: US, Saudi Defense Chiefs Discuss Middle EastThe lon  ( 39 min )
    Nvidia Dip-Buyers Burned by US Chip Battle With China
    (Bloomberg) -- Investors who snapped up shares of Nvidia Corp. at the bottom of last month’s swoon got a harsh reminder of the multiple forces pushing and pulling on the chipmaker’s business prospects.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Isra  ( 35 min )
    Beijing is reportedly preparing to scupper Broadcom’s $69 billion U.S. merger in retaliation against Biden’s new chips rules
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    Five Investors on Investing in the 5% World
    The 10-year yield is close to hitting 5% for the first time since 2007. We asked some of Wall Street’s brightest how to play it.  ( 28 min )
    Even strong earnings might not be able to save stocks
    Earnings haven't driven the stock market higher despite a number of beats in Q3 so far. Bond yields remain investors' focus.  ( 35 min )
    Oil, Gold Rise After U.S. Intercepts Missiles From Yemen as Mideast Tensions Rise
    The fear for investors is that a wider war could disrupt supplies of oil.  ( 16 min )
    BofA Sees Near-Term Stock Rally as Signal Flashes Contrarian Buy
    (Bloomberg) -- Investor positioning in stocks has become so bearish that it’s triggered a “contrarian buy signal” in a custom Bank of America Corp. indicator, setting up the asset class for a short-term rally, according to strategist Michael Hartnett.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel  ( 34 min )
    These Stocks Are Moving the Most Today: SolarEdge, Enphase, Knight-Swift, Intuitive Surgical, HPE, American Express, and More
    Solar stocks tumble after SolarEdge warns about demand in Europe, Knight-Swift Transportation's revenue tops forecasts, Intuitive Surgical's revenue misses, and American Express is scheduled to report earnings Friday.  ( 18 min )
    Stocks Retreat and Oil Rises on Mideast Conflict: Markets Wrap
    (Bloomberg) -- Asian stocks broadly fell as volatility gripped global markets from an escalation in tensions in the Middle East, driving oil and gold to further advances. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Wall Street Hit by Volatility on G  ( 35 min )
    SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen
    The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.  ( 33 min )
    Sell TSMC, Buy ASML Gains Traction as China-Taiwan Risks Grow
    (Bloomberg) -- Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor Manufacturing Co.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Israel Latest: US, Saudi Defense Chiefs Discuss Mi  ( 35 min )
    China stocks erase all reopening gains as property woes persist
    (Bloomberg) -- Chinese stocks erased all the gains seen during their massive reopening rally that took off late last year, as persistent concerns about the health of the property sector help drive an unprecedented foreign outflow from the onshore market. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Doe  ( 34 min )
    Analysis-Relentless climb in Treasury yields may have further to run after surging to 5%
    Some investors believe a bond market selloff that has pushed the benchmark U.S. Treasury yield to 5% may have more room to run, as the Federal Reserve gives little indication of veering from its "higher for longer" mantra. Fed Chair Jerome Powell walked a narrow line in his speech before the New York Economic Club on Thursday, saying the stronger-than-expected economy might warrant tighter financial conditions while also noting emerging risks and a need to move with care. Yields on the benchmark 10-year Treasury, which move inversely to bond prices, rose briefly to 5% late on Thursday, a closely watched level not seen since 2007.  ( 34 min )
    Gold scales 3-month peak as Middle East conflict lifts demand
    Gold prices hit a three-month high on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the Federal Reserve's rate hikes are nearing an end. Israeli Defence Minister Yoav Gallant told troops gathered at the Gaza border on Thursday that they would soon see the Palestinian enclave "from inside," implying that an expected ground invasion to annihilate Hamas could be nearing. "There is fear that it's (Israel-Hamas war) going to escalate into something of a broader regional crisis, potentially a protracted conflict... So we are seeing investors positioning in safe havens," said Kyle Rodda, financial market analyst at Capital.com.  ( 33 min )
    Americans are about to feel the impact of soaring bond yields, Blackstone president says
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    Oil drops after Hamas releases US hostages
    Oil prices are rising amid heightened fears that the Israel-Palestinians crisis may spread in the Middle East and disrupt supply.  ( 34 min )
    Liontown Dives 35% After Bid Collapse, Emergency Fund Raising
    (Bloomberg) -- Liontown Resources Ltd. plunged by the most in more than eight years on Friday as trading resumed after US giant Albemarle Corp. walked away from a proposed takeover, forcing it to find alternative funding for its key lithium project.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's  ( 34 min )
  • Open

    UAW Reports Progress With GM and Stellantis Talks But Not Ford, Warning of More Walkouts
    United Auto Workers President Shawn Fain reported progress in negotiations with General Motors and Stellantis, but not Ford, as the union continued to press for better offers from the Big Three automakers and warned of more walkouts ahead.  ( 1 min )
    SLB's North American Sales Fall for a Second Straight Quarter, and Shares Drop
    SLB's revenue in North America slumped for a second consecutive quarter, and overall sales missed forecasts.  ( 1 min )
    Regions Financial Shares Sink as Results Miss Estimates, Squeezed by High Interest Rates
    Regions Financial missed estimates for profit, sales, and interest income as high interest rates squeezed the bank's finances.  ( 1 min )
    Toyota Joins EV Makers Adopting Tesla’s Charging Standard
    Toyota has joined its American rivals by adopting the North American Charging Standard (NACS), allowing its vehicles to access Tesla's charging points.  ( 1 min )
    SolarEdge Slashes Its Guidance as Demand in Europe Slows, and Shares Plunge
    SolarEdge shares tumbled after warning that its third quarter results will be well below previous guidance because of a big drop in its European business.  ( 1 min )
    American Express Increases Provisions for Delinquent Customers, and Shares Fall
    American Express shares fell after the credit card provider boosted the money it put aside to cover for customers defaulting on their payments.  ( 1 min )
    Merck and Daiichi Sankyo Strike Cancer Drug Deal Worth Up to $22 Billion
    Merck agreed to pay Daiichi Sankyo $5.5 billion for the rights to jointly develop and commercialize three of its candidate cancer drugs, in a deal that could be worth up to $22 billion depending on the treatments' success.  ( 1 min )
  • Open

    Investors Are Forced To Recalibrate as 10-Year Treasury Yield Flirts with 5%
    After years of equity-friendly low interest rates, the benchmark 10-year U.S. Treasury yield is flirting with the 5% level, complicating investing choices and forcing a market reorientation.  ( 1 min )
    S&P 500 Gains and Losses Today: Solar Power Stocks Sink After SolarEdge Warning
    The S&P 500 dropped 1.3% on Friday, Oct. 20, 2023, with increasing concerns that the now almost two-week conflict between Israel and Hamas might escalate.  ( 1 min )
    Markets Slump at Midday Amid Rising Worries About Fighting in the Middle East
    U.S. equites sank at midday on Friday, Oct. 20, 2023 amid rising concerns that the fighting between Israel and Hamas that's been continuing for almost two weeks could escalate further.  ( 1 min )
    Dow Jones Today: Futures Lower as Gold, Oil Rise Amid Middle East Conflict
    Stock futures were lower in premarket trading as investors moved into safe-haven assets like gold and Treasurys on signs the war between Israel and Hamas could become a wider regional conflict.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of solar stocks fell after SolarEdge Technologies warned of canceled European orders and Knight-Swift Transportation shares jumped after it reported rising revenue in its less-than-truckload business. Here’s what investors need to know today.  ( 1 min )
  • Open

    UAW Reports Progress With GM and Stellantis Talks But Not Ford, Warning of More Walkouts
    United Auto Workers President Shawn Fain reported progress in negotiations with General Motors and Stellantis, but not Ford, as the union continued to press for better offers from the Big Three automakers and warned of more walkouts ahead.  ( 18 min )
    SECURE 2.0 Act of 2022: Overview, Rules, Limits
    The SECURE 2.0 Act of 2022, part of the Consolidated Appropriations Act (CAA) of 2023, is legislation that contains 92 provisions aimed at strengthening retirement savings in important ways.  ( 26 min )
    Investors Are Forced To Recalibrate as 10-Year Treasury Yield Flirts with 5%
    After years of equity-friendly low interest rates, the benchmark 10-year U.S. Treasury yield is flirting with the 5% level, complicating investing choices and forcing a market reorientation.  ( 19 min )
    Our Medicare Insurance Review and Ranking Methodology
    We reviewed and collected data on nine companies that provide Medicare insurance to help you find the best benefits, like affordable premiums, additional coverage, and more.  ( 23 min )
    SLB's North American Sales Fall for a Second Straight Quarter, and Shares Drop
    SLB's revenue in North America slumped for a second consecutive quarter, and overall sales missed forecasts.  ( 16 min )
    Regions Financial Shares Sink as Results Miss Estimates, Squeezed by High Interest Rates
    Regions Financial missed estimates for profit, sales, and interest income as high interest rates squeezed the bank's finances.  ( 17 min )
    S&P 500 Gains and Losses Today: Solar Power Stocks Sink After SolarEdge Warning
    The S&P 500 dropped 1.3% on Friday, Oct. 20, 2023, with increasing concerns that the now almost two-week conflict between Israel and Hamas might escalate.  ( 16 min )
    Earn 6% on a Checking Account? It's Possible With These High-Yield Options
    High-yield checking accounts offer an exceptionally high interest rate when you meet certain monthly requirements. And some of them are currently paying 6% or more.  ( 22 min )
    Top CD Rates Today: 15 Choices Offer Historic Returns of 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Bitcoin Briefly Crosses $30K On ETF Optimism
    The bitcoin price rose above $30,000 on Friday, as optimism continues to grow around the potential approval of a spot ETF product.  ( 18 min )
    China Restricts Exports of Graphite, Key Mineral Used for Making EV Batteries
    China on Friday curbed exports of graphite, a critical mineral used in the production of lithium-ion batteries for electric vehicles (EVs), which could accelerate a shortage of the mineral as EV demand soars worldwide.  ( 19 min )
    Canada Pension Plan (CPP) vs. U.S. Social Security: What's the Difference?
    The Canada Pension Plan (CPP) and U.S. Social Security system provide retirement, survivor, and disability benefits. See how their contributions and benefits compare.  ( 27 min )
    How to Invest in Gold and Silver
    Opening an online brokerage account is an essential step in investing in gold and other precious metals. Learn what you need to open an investment account and how to do it.  ( 30 min )
    How Many Car Loans Can You Have?
    There is no limit to how many car loans you can have at one time; however, it might be difficult to qualify for more than one, depending on your financial situation.  ( 25 min )
    Federal Insurance Contributions Act (FICA): What It Is, Who Pays
    The Federal Insurance Contributions Act (FICA) is a U.S. payroll tax deducted from workers' paychecks that funds the Social Security and Medicare programs.  ( 25 min )
    Michigan Consumer Sentiment Index (MCSI): What it Means, Uses
    The Michigan Consumer Sentiment Index (MCSI) is a monthly survey that gathers information on American consumer expectations regarding the overall economy.  ( 21 min )
    Currency in Circulation: Definition, How It Works, and Example
    Currency in circulation refers to notes, coins, or any other physical forms of money that are used in transactions between buyers and sellers.  ( 20 min )
    BRICS: Acronym for Brazil, Russia, India, China, and South Africa
    BRICS is an acronym for the combined economies of Brazil, Russia, India, China, and South Africa, which some claimed early in this century were poised to dominate the world economy by 2050.  ( 25 min )
    How To File Your Child's First Income Tax Return
    Dependent children who earn more than $13,850 in tax year 2023 must file a personal income tax return. Here are tips for kids who are first-time filers.  ( 30 min )
    Discrete Compounding vs. Continuous Compounding: What's the Difference?
    Learn the difference between discrete and continuous compounding and how they affect investment payoffs.  ( 22 min )
    Who Can Be a Transfer on Death (TOD) Beneficiary?
    Account holders can name almost anyone as a transfer on death (TOD) beneficiary.  ( 21 min )
    AI, Blockchain, and Robotics ETFs Dominate
    ETFs tracking trendy areas of technological innovation are especially popular.  ( 25 min )
    Supply Chain Management (SCM): How It Works & Why It's Important
    Supply chain management (SCM) is the management of the flow of goods and services, including all the processes of turning raw materials into final products.  ( 26 min )
    Business Plan: What It Is, What's Included, and How to Write One
    A business plan is a document that details a company's goals and how it plans to achieve them. Business plans are valuable to both startup and established companies.  ( 27 min )
    Why FTX's Plan To Refund 90% of Recovered Assets Doesn't Add Up To 90% of Customer Losses
    Failed crypto exchange FTX proposed a plan to refund up to 90% of assets recovered to customers, but some creditors say that the actual refund could be smaller than what customers lost.  ( 19 min )
    How Does Apple Card Savings Compare to the Best Savings Account Rates?
    Apple's savings account pays more than what your primary bank is probably paying. But it's still a lot less than you can earn from the best high-yield savings accounts.  ( 18 min )
    Markets Slump at Midday Amid Rising Worries About Fighting in the Middle East
    U.S. equites sank at midday on Friday, Oct. 20, 2023 amid rising concerns that the fighting between Israel and Hamas that's been continuing for almost two weeks could escalate further.  ( 16 min )
    Toyota Joins EV Makers Adopting Tesla’s Charging Standard
    Toyota has joined its American rivals by adopting the North American Charging Standard (NACS), allowing its vehicles to access Tesla's charging points.  ( 17 min )
    Fidelity CD Rates: October 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 21 min )
    American Express Increases Provisions for Delinquent Customers, and Shares Fall
    American Express shares fell after the credit card provider boosted the money it put aside to cover for customers defaulting on their payments.  ( 17 min )
    Private Credit vs. Private Equity: Understanding the Differences
    Investing in private credit involves making a loan, while private equity investors acquire stakes in non-public companies. Learn more about these alternative investments.  ( 23 min )
    Queuing Theory Definition, Elements, and Example
    Queuing theory is the mathematical study of the delays of waiting in line, covering all aspects, from arrival time to the number of servers.  ( 24 min )
    What's the Highest Inflation Rate in U.S. History?
    Learn about the periods with the highest inflation in U.S. history, and find out how U.S. Federal Reserve policy measures attempt to control inflation.  ( 23 min )
    SolarEdge Slashes Its Guidance as Demand in Europe Slows, and Shares Plunge
    SolarEdge shares tumbled after warning that its third quarter results will be well below previous guidance because of a big drop in its European business.  ( 17 min )
    Yield To Maturity vs. Coupon Rate: What's the Difference?
    A bond's coupon rate is the interest earned on the bond over its lifetime, while its yield to maturity reflects its changing value in the secondary market.  ( 25 min )
    Mortgage Rates Waver Near Historic Peak
    Rates on 30-year mortgages are after hovering a bit below the historic high they reached Tuesday. Rates on jumbo 30-year loans, however, have jumped to a new peak.  ( 18 min )
    Leveraged ETFs: The Potential for Bigger Gains—and Bigger Losses
    A leveraged exchange-traded fund is a fund that uses financial derivatives and debt to amplify the returns of an underlying index.  ( 25 min )
    What Causes a Recession?
    A recession, or a decline in economic activity lasting several months, is usually caused by events such as a financial crisis or supply chain disruption. Learn more.  ( 29 min )
    Ultra ETF Definition
    Ultra ETFs are a class of exchange-traded funds (ETF) that employ leverage in an effort to amplify the return of a set benchmark.  ( 21 min )
    Merck and Daiichi Sankyo Strike Cancer Drug Deal Worth Up to $22 Billion
    Merck agreed to pay Daiichi Sankyo $5.5 billion for the rights to jointly develop and commercialize three of its candidate cancer drugs, in a deal that could be worth up to $22 billion depending on the treatments' success.  ( 17 min )
    Excise Tax: What It Is and How It Works, With Examples
    An excise tax is an indirect tax charged by the government on the sale of a particular good or service.  ( 27 min )
    Silver Etf: Meaning, Tax Implications, Examples
    A silver exchange-traded fund (ETF) invests primarily in raw silver assets, which are held in a trust by the fund manager or custodian.  ( 21 min )
    Program Evaluation Review Technique (PERT) Chart Explained
    A program evaluation review technique (PERT) chart is a project management tool that graphs a project's timeline according to its individual tasks.  ( 25 min )
    Retail Industry ETF Definition
    A retail industry ETF is an exchange-traded fund that invests in retail companies.  ( 21 min )
    How Tornadoes Impact the Economy
    Natural disasters are undesirable forms of economic stimulus, but economists have found that increased economic activity often follows.  ( 23 min )
    Ad Valorem Tax: Definition and How It's Determined
    An ad valorem tax is a tax derived from an assessed value, such as the value real estate or personal property, with a tax rate applied.  ( 24 min )
    5 Things to Know Before Markets Open
    Shares of solar stocks fell after SolarEdge Technologies warned of canceled European orders and Knight-Swift Transportation shares jumped after it reported rising revenue in its less-than-truckload business. Here’s what investors need to know today.  ( 18 min )
    What Is a Freelancer: Examples, Taxes, Benefits, and Drawbacks
    A freelancer is an individual who earns money on a per-job or per-task basis, usually for short-term work. The IRS considers them to be self-employed for tax purposes.  ( 25 min )
  • Open

    Grote ransomwarebende opgerold, Nederland neemt servers in beslag
    Bij een internationale politieactie is een grote gijzelsoftwarebende ontmanteld. De vermoedelijke leider is opgepakt en het platform is uit de lucht. Vijf servers van de groep zijn in Nederland in beslag genomen en Nederlandse rechercheurs hielpen mee bij het onderzoek.  ( 9 min )
    Cyberaanval op Internationaal Strafhof was voor spionage en ondermijning
    De cyberaanval op het Internationaal Strafhof (ICC) in Den Haag in september had volgens het hof te maken met spionage. De aanval had als doel de werkzaamheden van het ICC te ondermijnen.  ( 8 min )
    Koers bitcoin klimt naar hoogste punt in bijna drie maanden
    De waarde van de bitcoin is vrijdag voor het eerst sinds juli gestegen tot boven de 30.000 dollar (ongeveer 28.300 euro). De stijging van de grootste cryptomunt komt in een week waarin de waarden van digitale valuta flink schommelden.  ( 9 min )
    Gasprijs loopt weer op door vrees voor toename onrust in het Midden-Oosten
    De Europese prijs voor aardgas is weer gestegen door de vrees dat het conflict in het Midden-Oosten groter wordt. Eerder daalde de gasprijs juist nog.  ( 9 min )
    We drinken dit jaar thuis en in de kroeg minder bier door hogere prijzen
    Bierbrouwers hebben dit jaar tot nu toe veel minder bier verkocht dan in dezelfde periode vorig jaar. De brouwers vrezen voor een toename van faillissementen als prijzen verder stijgen en Nederlanders nog vaker het flesje bier laten staan.  ( 10 min )
    Acht miljoen nieuwe auto's op de Europese wegen, elektrische auto meer in trek
    In de eerste negen maanden van dit jaar zijn in Europa bijna 17 procent meer nieuwe auto's op kenteken gezet dan in dezelfde periode vorig jaar. Ondanks die groei is de automarkt nog niet terug op het niveau van voor corona.  ( 10 min )
    China legt export van grondstoffen voor accu's verder aan banden
    China legt bedrijven die grafiet willen exporteren nieuwe beperkingen op. Dat middel wordt gebruikt in accu's voor elektrische auto's en de Chinezen zijn de belangrijkste producent en exporteur hiervan.  ( 9 min )
    Nederlanders gooiden vorig jaar minder afval weg, veel vuilnis op de Wadden
    Nederlanders gooiden in 2022 minder afval weg dan een jaar eerder. Vorig jaar zamelden gemeenten gemiddeld 455 kilo huishoudelijk afval per inwoner in. Dat is 48 kilo minder dan in 2021. Gemeenten haalden in totaal 8 miljard kilo huishoudelijk afval op.  ( 9 min )
    Te veel storingen bij geldautomaten, problemen voorlopig niet opgelost
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    Mensen met minimumloon leven volgens VN-studie steeds vaker in armoede
    Werkende mensen die het minimumloon verdienen, leven steeds vaker in armoede. Dat zegt de Belgische armoede-expert Olivier De Schutter van de Verenigde Naties. Volgens onderzoek van de speciaal rapporteur leeft een op de vijf werknemers wereldwijd nu in armoede.  ( 9 min )
    VN: Mensen met minimumloon leven steeds vaker in armoede
    Werkende mensen die het minimumloon verdienen, leven steeds vaker in armoede. Dat zegt de Belgische armoede-expert Olivier De Schutter van de Verenigde Naties. Volgens onderzoek van de speciaal rapporteur leeft een op de vijf werknemers op de wereld nu in armoede.  ( 9 min )
    NU+ | Zoveel minder betaal je voor een treinreis dan voor een vliegreis
    De internationale trein vanaf Amsterdam is in bijna alle gevallen goedkoper dan het vliegtuig naar dezelfde bestemming. Alleen de Eurostar naar het Verenigd Koninkrijk is duurder dan het vliegtuig, blijkt uit onderzoek van het Kennisinstituut voor Mobiliteitsbeleid.  ( 8 min )
    67-plussers kiezen er steeds vaker voor om te blijven werken
    Het bereiken van de AOW-leeftijd is voor steeds meer ouderen geen reden om te stoppen met werken. Ze vinden werken leuk en het houdt ze jong. In tien jaar tijd is het aantal werkende 67-plussers ruim verdubbeld.  ( 11 min )

  • Open

    Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil markets
    A relentless selloff in U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks to the real estate market. The yield on the benchmark 10 year Treasury - which moves inversely to prices - hit 5% late Thursday, a level last seen in 2007. Expectations that the Federal Reserve will keep interest rates elevated and mounting U.S. fiscal concerns are among the fators driving the move.  ( 35 min )
    Tesla Stock Had a Horrible Day. Here’s What Comes Next.
    Shares of the electric-vehicle maker dropped 9.3% after it reported lackluster earnings.  ( 17 min )
    VMware Stock Implies 50% Chance of Completion of Broadcom Deal
    VMware shares fell after a report saying Chinese regulators are likely to delay signing off on the deal.  ( 19 min )
    China sells the most US assets in 4 years, dumping $21 billion of US stock and Treasury bonds
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    Top CD Rates Today: National Leaders Pay 6% and Up on 8 to 17 Months
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Solar Stocks Plunge After Warning on Demand in Europe
    SolarEdge Technologies said it encountered "substantial unexpected cancellations and pushouts of existing backlog" from its European distributors.  ( 16 min )
    New Tesla, Nvidia ETFs Offer 200% Leverage
    Rex Shares and Tuttle Capital Management have introduced four funds that push the limits of single-stock ETFs.  ( 34 min )
    Toronto Skyscraper With $1.2 Billion of Debt Has Been Put in Receivership
    (Bloomberg) -- A landmark condominium project in one of Toronto’s ritziest neighborhoods has been put into receivership after construction delays and cost overruns. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Israel Latest: US, Saudi Defense Chiefs  ( 32 min )
    Intuitive Surgical Plummets As Robotic Surgery Giant Reports Light Third-Quarter Sales
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    Disney reveals ESPN financials for the first time
    The update will help investors set expectations for ESPN's upcoming DTC service as well as any potential divestitures.  ( 34 min )
    Tesla valuation looks unsustainable to Wall Street analysts
    (Bloomberg) -- Tesla Inc.’s price cuts this year show customers are no longer willing to pay a premium for its vehicles. That raises a key question on Wall Street: Does its lofty stock-market valuation make sense anymore?Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Some  ( 34 min )
    Canada Goose Plunges to All-Time Low as Parka Sales Strained
    (Bloomberg) -- Canada Goose Holdings Inc. shares plummeted to a record low for the second day in a row as economic and consumer pressures prompted a pair of analyst downgrades.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWall Street Hit by Volatility on Geopolitical Risk: Markets WrapTrump Is Winning Over Swing-State Voters Wary of Biden’s Economic PlanWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Israel Latest: Israel at Risk  ( 33 min )
    AT&T’s Strong Results Offered Good News for Apple Investors
    AT&T CEO John Stankey said the telecommunications company had the strongest iPhone preorders it has had in many years in September.  ( 16 min )
    Fed Chair Powell Admits Role In 10-Year Treasury Yield's Surge As S&P 500 Slides
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    Regional banks still have a profitability problem
    Earnings came under more pressure at several mid-sized financial institutions during the third quarter, showing that the stresses of the spring are not entirely past.  ( 35 min )
    Stocks slide, Treasury yields rise after Powell says Fed will 'carefully' weigh next steps: Stock market news today
    Stocks slumped on Thursday as the US 10-year yield nudged 5%, and investors digested a speech by the Fed's Jerome Powell.  ( 54 min )
    Dow Jones Dives Amid Powell Pledge; Tesla Sinks After Elon Musk Warning
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    Morgan Stanley reverses course on the housing market, seeing a lot more pain ahead for homebuyers
    After saying home prices will decline, the bank now says they could rise due to low inventory—despite high mortgage rates.  ( 35 min )
    Occidental Petroleum Stock Sees Relative Strength Rating Gushes Higher; Hits Key Benchmark
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    Winklevoss-owned crypto firm hit by lawsuit alleging it defrauded investors of $1 billion
    Gemini, a cryptocurrency exchange helmed by the infamous Winklevoss twins, just got hit with a lawsuit alleging that it defrauded investors. The suit was brought forth by New York Attorney General Letitia James, the same AG currently prosecuting former president Donald Trump.  ( 33 min )
    SBF asked FTX general counsel to create ‘legal justification’ for using billions in customer funds amid collapse
    Can Sun, former FTX general counsel, took the stand on Thursday to testify on behalf of the prosecution’s case against Sam Bankman-Fried. Sun has a non-prosecution agreement in exchange for his cooperation. The Yale law school grad joined FTX at the end of August 2021 and stayed until early November 2022 shortly after the crypto exchange collapsed.  ( 34 min )
    Powell sets table for November pause, warns of more rate hikes if economy heats up
    The Federal Reserve chairman made it clear that more monetary tightening is still possible if the economy stays surprisingly hot and a tight labor market stops easing.  ( 35 min )
    Sam Bankman-Fried used $1.2 billion of customer money to buy out Binance CEO Changpeng Zhao, witness says. Will CZ pay it back?
    “The amount of customer deposits held in Alameda Research and FTX.com accounts was way less than was owed to customers on FTX,” testified accounting professor Peter Easton on Wednesday.  ( 33 min )
    It’s official: The housing market is turning millennials into their parents. A Fortune 500 economist says it’s a déja vù market that is replaying the 1980s
    When the boomers came of homebuying age, they had to contend with high rates, high inflation, and a crowded market. Sound familiar?  ( 35 min )
    AI Demand for Nvidia Chips Keeps Rising. New China Restrictions Are Likely Just Noise.
    Taiwan Semiconductor Manufacturing’s earnings commentary shows that demand for AI applications and Nvidia chips are improving. Nvidia stock should benefit.  ( 18 min )
    VMware Stock Tumbles On Fresh Report That Acquisition Is In Jeopardy
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    Analyst Report: Lam Research Corp.
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    Analyst Report: Omnicom Group, Inc.
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    Analyst Report: Discover Financial Services
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    Analyst Report: State Street Corp.
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    Analyst Report: American Airlines Group Inc
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    Analyst Report: Travelers Companies Inc.
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    Analyst Report: Truist Financial Corporation
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    Stocks wobble, Treasury yields rise after Powell says Fed will 'carefully' weigh next steps: Stock market news today
    Investors were treading carefully as the US 10-year yield nudged 5%, with more earnings and a speech by the Fed's Jerome Powell in focus.  ( 50 min )
    Trump Loan Relied on His Claimed Net Worth, Ladder Capital Executive Testifies
    (Bloomberg) -- A Ladder Capital Corp. executive with close ties to Donald Trump testified that the firm approved a $160 million loan to the former president in 2015 based in part on his claim that he was worth $5.8 billion — a figure New York state alleges in its civil fraud case was inflated by more than 50%.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,  ( 34 min )
    Costco hotdogs, rotisserie chicken, self-checkout: What changed under exiting CEO Jelinek
    Costco COO Ron Vachris is set to become CEO once Craig Jelinek steps down in January. Here are five changes made during Jelinek’s time at the helm.  ( 34 min )
    Powell says inflation still 'too high,' warns of more rate hikes if economy heats up
    The Federal Reserve chairman made it clear that more monetary tightening is still possible if the economy stays surprisingly hot and a tight labor market stops easing.  ( 35 min )
    Stocks edge up amid surging Treasury yields as Powell warns inflation 'too high': Stock market news today
    Investors were treading carefully as the US 10-year yield nudged 5%, with more earnings and a speech by the Fed's Jerome Powell in focus.  ( 49 min )
    Charlie Munger Says This Investment is Getting 'More Hype Than It Deserves' — He's Not A Fan, But It's A Huge Part Of Berkshire Hathaway's $350 Billion Portfolio
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    Cathie Wood's Clever Move: How Ark CEO Stayed Cool Amid Arm IPO Hype
    Cathie Wood, one of the most renowned female investment professionals on Wall Street, manages nearly $60 billion in assets through her investment management firm ARK Invest. Her flagship fund, Ark Innovation ETF (NYSE:ARKK), has delivered average returns of 45% annually over the past five years and was one of the best-performing exchange-traded funds (ETFs) in 2021, driven by the tech boom. Nonetheless, Wood's ETFs took a big hit last year amid the tech rout. British chipmaker Arm Holdings plc's  ( 35 min )
    VMware Stock Drops. Its Acquisition by Broadcom Could Face a Delay From China, Report Says.
    VMWare stock was falling on Thursday following a report that its purchase by infrastructure-software company Broadcom could be delayed by Chinese regulators.  ( 16 min )
    Do You Follow the 4% Rule for Retirement Income? You May Want to Consider This Style of Portfolio
    The 4% rule has long provided guidance to retirees on how to maintain a safe withdrawal rate from retirement accounts. But with today’s low bond yields and stock market volatility, this once-steady rule of thumb looks increasingly open to change. A new approach detailed by John Hancock Investment Management suggests using diversified multi-asset income portfolios. […] The post Do You Follow the 4% Rule for Retirement Income? You May Want to Consider This Style of Portfolio appeared first on Smar  ( 34 min )
    It’s Time to Take a Chance on the Stock Market’s Biggest Losers
    A few groups of stocks that have underperformed the market markedly now look primed to bounce back. It’s a phenomenon known as a “mean reversion” trade.  ( 20 min )
    I'm 67 Years Old, Have $2.5 Million in Cash, $500k in an IRA and Social Security. Should I Retire Now?
    With $2.5 million in cash, $500,000 in an IRA and average Social Security benefits, someone who’s 67 is likely in a pretty good spot for retirement. However, retiring comfortably involves more than financial resources. It also requires balancing income and expenses. With that in mind, it may be necessary to reduce lifestyle costs or invest […] The post I’m 67 Years Old, Have $2.5 Million in Cash, $500k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset  ( 34 min )
    Grayscale files for new spot Bitcoin ETF on NYSE Arca
    Grayscale said that its fund is ready to operate as an ETF upon regulatory approval.  ( 33 min )
    Walgreens to settle Rite Aid investors' merger claims for $192 million
    The deal filed in Pennsylvania federal court on Wednesday is subject to approval by District Judge Jennifer Wilson. A spokesperson for Walgreens and an attorney for Rite Aid investors did not immediately reply to requests for comment. The Rite Aid investors sued Walgreens and its executives over statements they made about the proposed merger between the two major U.S. pharmacy chains, which was first announced in 2015.  ( 33 min )
    Stock Market Erases Gains And Here Comes Powell; Tesla Stock Has This Problem
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    Tesla Stock, Other EV Makers Sell Off After Musk Tempers Cybertruck Hopes
    Tesla shares tumbled in early trading after Chief Executive Elon Musk tempered expectations for the company’s new Cybertruck. “It's a great product, but financially, it will take, I don't know, a year to 18 months  ( 24 min )
    These 2 ‘Strong Buy’ Penny Stocks Have Massive Upside Potential, Says Oppenheimer
    Let’s talk about penny stocks. These are equities that trade for less than $5 per share, at the very bottom of the price range. While they are priced that low for a reason – and the reasons may vary – a low price in itself doesn’t mean that the stock’s fundamentals are sour. Smart investors can find some true bargains among penny stocks and set themselves up for outsized gains. The opportunity is linked to a simple question: Why is the company’s stock priced so low? If the answer is mainly benig  ( 36 min )
    Union Pacific Stock Rises Despite Profit Decline
    Union Pacific's earnings and sales fell in the third quarter as volumes declined and fuel prices rose. However, shares rose more than 4% as the rail operator reported per-share earnings above analysts’ expectations. Chief Executive Jim Vena said the company continues to face inflationary pressure  ( 23 min )
    Discover Profit Tumbles 33% as Credit-Card Write-Offs Mount
    (Bloomberg) -- Discover Financial Services said third-quarter profit dropped 33% drop as write-offs climbed and the firm set aside more money to cover future loan losses. The shares fell the most in more than two months.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden Vows Aid for Gaza, Backs Israel Over Hospital BlastTrump  ( 33 min )
    More Regional Bank Earnings Are Out: KeyCorp, Truist, Fifth Third
    Another round of regional banks reported third-quarter earnings, with the results pointing to mounting expense pressures on midsize and smaller players. Here are the highlights: **Ke  ( 24 min )
    Disney Breaks Out ESPN Numbers for First Time. This Is How Much It Makes.
    Walt Disney has disclosed ESPN’s financial figures separately for the first time. They might come as a disappointment, analysts say.  ( 17 min )
    Dow Jones Futures Rise After Surprise Jobless Claims; Tesla Dives On Elon Musk Cybertruck Warning
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    The Great Millennial Housing Regret: Financial advisors have 3 pieces of advice for those who missed the 3% mortgage window
    Many would-be millennial homebuyers feel locked out of this market.  ( 35 min )
    Earn 4.5% With No Taxes? How to Invest in Municipal Bonds
    The tax advantages of buying bonds in your own backyard.  ( 28 min )
    Costco CEO Craig Jelinek to Step Down. The Stock Is Down.
    Costco’s CEO is stepping down. COO Ron Vachris will succeed Craig Jelinek starting Jan. 1.  ( 16 min )
    Employers are pouring money into costly benefits that workers don’t use—here’s what employees actually want
    Employers are paying for costly benefits that employees don't find useful.  ( 32 min )
    Dow Jones Futures Fall As Treasury Yields Eye 5%; Tesla Dives On These Elon Musk Warnings
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    Taiwan Semiconductor Manufacturing Delivers Beat-And-Raise Q3 Report
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    AT&T Lifts Free Cash Flow Outlook, Boosting Shares
    AT&T’s core cellphone business kept growing in the third quarter, lifting revenue and spurring the company to raise its full-year outlook for free cash flow. Shares, down about 22% so far this year, jumped 4.3% to $14.93 in premarket trading. In the third quarter, the Dallas company added 468,000  ( 23 min )
    Blackstone Earnings Rise Despite a Dip in Asset Sales
    Blackstone reported third-quarter earnings on Thursday, disclosing it has amassed more than $200 billion to invest in a market in which deal opportunities are nonetheless muted. Some key highlights from the results: Blackstone reported net income of roughly $552 million for the quarter, or about  ( 25 min )
    Playing It Safe With Stocks Cost You $5.9 Million In Just 10 Years
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    AT&T Beats Earnings Expectations, Lifts Target for Free Cash Flow. Stock Rises.
    The telecommunications giant adds more wireless and broadband subscribers than expected in the third quarter.  ( 15 min )
    American Airlines posts $545 million loss on higher labor costs in a time of big profits for rivals
    American Airlines is reporting a $545 million loss for the third quarter in contrast with the huge profits posted by its two closest rivals. American said its results were dragged down by $983 million in charges related to a new labor contract with its pilots, but United Airlines and Delta Air Lines reached similar deals with their pilots and still earned $1.1 billion each in the quarter. Labor costs at American jumped 17%, an increase of nearly $600 million, which was roughly offset by lower fuel prices than a year ago.  ( 33 min )
    AT&T Earnings Top Estimates As Wireless Subscriber Adds Beat
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    Rite Aid closing 154 stores in 15 states: Here's the list
    Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging sales.  ( 34 min )
    'Get Off Your Butt' Now To Cash In On Soaring Interest Rates
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    Truist Financial profit drops 31% on lower interest income, higher loan loss provisions
    Truist Financial reported a near 31% drop in third-quarter profit on Thursday as the lender's interest income from mortgages and credit-card debt declined while it allocated more funds towards rainy-day reserves to cover potential sour loans. Analysts had forecast the boost from higher interest income would diminish as banks pay more to retain deposits and prevent clients from shifting to money-market funds for higher risk-free returns. Truist's net interest income for the three months ended Sept. 30 fell 4.3% to $3.62 billion, compared with a year earlier.  ( 33 min )
    Daily Spotlight: Investing in the Cloud
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    Technical Assessment: Neutral in the Intermediate-Term
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    AT&T Beats Earnings Expectations, Lifts Target for Free Cash Flow. Stock Rises.
    The telecommunications giant adds more wireless and broadband subscribers than expected in the third quarter.  ( 15 min )
    Daily – Vickers Top Buyers & Sellers for 10/19/2023
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    Daily – Vickers Top Insider Picks for 10/19/2023
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    AT&T lifts annual free cash flow target, tops subscriber additions estimates
    The company said it expects full-year free cash flow of about $16.5 billion, up from its prior forecast of $16 billion or higher. Its third-quarter figure of $5.2 billion also handily beat estimates, according to Visible Alpha. AT&T has in recent months tried to stand out in the competitive U.S. market with offers, including a hefty discount on the iPhone 15 series that some analysts consider to be one of the most aggressive in the industry.  ( 33 min )
    Analyst Report: Nasdaq Inc
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    Analyst Report: M & T Bank Corp
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    Apple Investors Face $340 Billion Hole as Woes Mount
    (Bloomberg) -- A drumbeat of bad news for Apple Inc. is casting doubt on the argument that the world’s most valuable company is immune to risks related to economic turbulence.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?QQQ Advances in Late Trading as Tesla Rebounds: Ma  ( 35 min )
    Fed Chair Powell delivering key speech today: Here's what to expect
    Federal Reserve Chairman Jerome Powell is delivering a speech on Thursday that will provide clues about where the central bank sees policy headed next.  ( 33 min )
    Surging bond yields are the stock market's biggest problem right now
    The bottom line for investors is that the longer the rise in yields persists, the greater the chance that the Fed breaks something.  ( 35 min )
    US Treasuries at 5% Are a Buy, Says Morgan Stanley Investment
    (Bloomberg) -- If 10-year US Treasury yields hit 5% or higher, that’s a good entry point for investors, according to Morgan Stanley Investment Management. Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?QQQ Advances in Late Trading as Tesla Rebounds: Markets Wrap“Those wil  ( 34 min )
    Taiwan Semi Beat on Earnings. Why It’s Good News for Intel, Other Chip Stocks.
    TSMC stock rose after it said that demand for the latest chip technology was helping to offset a glut of semiconductors caused by the fall in demand for consumer electronics.  ( 18 min )
    Nokia Has a Plan to Tackle Tough U.S. Market. It Includes Mass Layoffs.
    Nokia announces plans to cut up to 14,000 jobs as part of a cost-saving initiative after profit tumbled 69% in the third quarter.  ( 16 min )
    Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market
    Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. Nokia’s third-quarter sales plummeted 20%, to 4.98 billion euros from 6.24 billion, compared with the same three-month period last year. “We continue to believe in the mid- to long-term attractiveness of our markets,” Nokia CEO Pekka Lundmark said in a statement.  ( 33 min )
    Tesla Tempers Growth Expectations as Musk Sees Storm Ahead
    (Bloomberg) -- Elon Musk is dialing back expectations for Tesla Inc. as years of rapid expansion collide with rising interest rates and a more cost-conscious consumer.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastTesla’s Runaway Growth Faces Reality Check in Turbulent EconomyHospital Blast Kills Hundreds as Israel, Hamas Trade BlameQQQ Advances in Late Trading as Tesla Rebounds: Market  ( 34 min )
    Stocks Tumble as 10-Year Treasury Yields Near 5%: Markets Wrap
    (Bloomberg) -- A selloff in Asian shares deepened, as investors fretted over higher Treasury yields and escalating tensions in the Middle East.Most Read from BloombergBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastTesla’s Runaway Growth Faces Reality Check in Turbulent EconomyHospital Blast Kills Hundreds as Israel, Hamas Trade BlameQQQ Advances in Late Trading as Tesla Rebounds: Markets WrapRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearYields on 10-year  ( 35 min )
    Beijing weighs delaying approval of $69 billion Broadcom-VMware deal- FT
    China's State Administration of Market Regulation has not signed off on the deal and is likely to delay approving the transaction after US President Joe Biden's administration introduced tougher chip controls on Tuesday, the report added, citing people familiar with the matter. VMWare and Broadcom did not immediately respond to Reuters request for comment. China's State Administration of Market Regulation could not immediately be reached for comment.  ( 33 min )
    SAP Shares Surge After Cloud Business Fuels Revenue Growth
    SAP shares jumped after the German group posted higher revenue and operating profit for the third quarter, led by growth at its core cloud business..  ( 27 min )
    Roche Backs Guidance After Sales Fall
    Roche reiterated its financial outlook for 2023 after it reported a 6% fall in revenue for the first nine months, with growth in its pharmaceutical division overshadowed by a sharp drop in diagnostics sales due to weaker Covid-19-related demand.  ( 27 min )
    TSMC's outlook beats estimates after chip demand stabilizes
    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted better-than-expected net income in the third quarter after demand for artificial intelligence chips remained strong.Most Read from BloombergBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastTesla’s Runaway Growth Faces Reality Check in Turbulent EconomyRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearHospital Blast Kills Hundreds as Israel, Hamas Trade BlameQQQ Advances in Late Trading as Tesla Reboun  ( 34 min )
    Nokia to Cut Thousands of Jobs as Net Profit Drops 45%
    Nokia launched a plan to cut as many as 14,000 jobs as it seeks to save up to €1.2 billion after it posted a 45% fall in profit in the third quarter.  ( 27 min )
    TSMC’s Third-Quarter Net Profit Fell on Weaker Demand for Smartphones, High-Speed Computing
    The world’s largest contract chip maker said third-quarter net profit declined 25% from a year earlier, though it projected stronger revenue in the current quarter.  ( 28 min )
    TSMC Q3 profit falls 24.9%, beats expectations
    Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and servers and coming off a high base last year. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw July-September net profit fall to T$211 billion from T$280.9 billion a year earlier. The profit beat a T$195.5 billion LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate.  ( 32 min )
    UPDATE 3-Nokia to cut up to 14,000 jobs after sales drop a fifth
    Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost savings plan after third-quarter sales drop 20% due to slowing sales of 5G equipment in markets such as North America. The company is targeting between 800 million euros ($842 million) and 1.2 billion euros in cost savings by 2026 as it seeks to be on track to deliver its long-term comparable operating margin plan of at least 14% by 2026. The program is expected to lead to a 72,000-77,000 employee organization compared to the 86,000 employees Nokia has today, the company said in a statement.  ( 33 min )
    'Bond King' Jeffrey Gundlach says buy long-dated Treasurys, with prices set to rebound going into a recession
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    Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
    Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle production capacity, citing economic uncertainties and underscoring fears of a slowdown in demand. Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait for clarity on the economy before ramping up its planned factory in Mexico. "People hesitate to buy a new car if there's uncertainty in the economy," Musk said on a post-earnings call where he also talked about "paycheck-to-paycheck" pressures on American workers.  ( 34 min )
    China Sells Most US Securities in Four Years Amid Yuan Weakness
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    The Next Phase Of The U.S. Shale Revolution
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  • Open

    Custodian: What It Means in Banking and Finance
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    The 10 Most Successful Social Entrepreneurs
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    Top CD Rates Today: National Leaders Pay 6% and Up on 8 to 17 Months
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    Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms
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    Regional Bank Stocks' Gains Belie Their Q3 Results
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    Mortgage Rates Rise for Sixth Straight Week To A New 23-Year High
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    Powell Leaves Door Open For a Rate Increase
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    Emerging Economies in South Asia
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    Regulators Are Making it Easier to Break Up With Your Bank
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    Musk Says Tesla Price Cuts Ineffective Due to High Rates; Shares Tumble on Earnings Miss
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    Markets Waver at Midday as Fed Chair Powell Says Inflation 'Is Still Too High'
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    Google to Manufacture Pixel Smartphones in India, Following Moves by Apple, Samsung
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    Mortgage Rates Ease Lower, Falling Below 23-Year High
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    What Is Social Security Tax? Definition, Exemptions, and Example
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  • Open

    Higher Prices Helped Union Pacific Beat Earnings Estimates
    Union Pacific's third quarter profit exceeded estimates as the railroad boosted prices.  ( 1 min )
    Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms
    Revenue at Genuine Parts missed estimates as its U.S. auto parts group underperformed, sending shares plummeting.  ( 1 min )
    Musk Says Tesla Price Cuts Ineffective Due to High Rates; Shares Tumble on Earnings Miss
    Tesla shares tumbled more than 9% in trading Thursday on the electric carmaker's lackluster earnings report for the third quarter. Elon Musk and other executives highlighted economic headwinds and Cybertruck production challenges that have hurt performance.  ( 1 min )
    Google to Manufacture Pixel Smartphones in India, Following Moves by Apple, Samsung
    Google plans to manufacture phones in India, following moves by other smartphone giants Apple and Samsung.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Tesla Drags Down Tech Stocks as Profit, Sales Miss
    The S&P 500 lost 0.85% Thursday, Oct. 19, 2023, as Fed Chair Jerome Powell said the economy likely needs to slow to reduce inflation and that more interest rate hikes are possible.  ( 1 min )
    Mortgage Rates Rise for Sixth Straight Week To A New 23-Year High
    Freddie Mac’s 30-year fixed-rate mortgage hit 7.63%, the sixth straight week that mortgage rates increased to levels not seen since 2000.  ( 1 min )
    Markets Waver at Midday as Fed Chair Powell Says Inflation 'Is Still Too High'
    U.S. equities moved between gains and losses at midday on Thursday, Oct. 19, 2023 amid concerns about whether the Fed would continue to raise interest rates as Fed Chair Powell said inflation remains too high.  ( 1 min )
    Dow Jones Today: Futures Waver and Yields Continue to Climb Ahead of Powell Speech
    Stock futures were slightly lower in premarket trading Thursday as the yields on the benchmark 10-year Treasury approached 5% ahead of a speech by Fed Chair Jerome Powell.  ( 1 min )
    5 Things to Know Before Markets Open
    Tesla shares fell as the electric vehicle maker missed estimates on price cutting that ate into profit margins and investors will look to remarks from Fed Chair Jerome Powell for insight into coming decisions on interest rates. Here’s what investors need to know today.  ( 1 min )
  • Open

    Staat begint rechtszaak tegen Sywert van Liendens bedrijf om mondkapjesdeal
    De Nederlandse Staat begint een rechtszaak tegen het bedrijf Relief Goods Alliance (RGA) van Sywert van Lienden. De civiele procedure draait om de omstreden mondkapjesdeal.  ( 10 min )
    Staat begint rechtszaak tegen bedrijf Sywert van Lienden om mondkapjesdeal
    De Nederlandse staat begint een rechtszaak tegen het bedrijf Relief Goods Alliance (RGA) van Sywert van Lienden. De civiele procedure draait om de omstreden mondkapjesdeal.  ( 10 min )
    NU+ | Lezers over je ziek melden op werk: 'Doe dat tegenwoordig veel sneller'
    Het aantal ziekmeldingen van werknemers steeg in september voor het eerst sinds februari weer. Mensen hebben vaker griep en melden zich ook veel ziek vanwege stress die mogelijk met een herfstdip te maken heeft. Lezers lieten op ons reactieplatform NUjij weten zich hierin te herkennen.  ( 11 min )
    Gokbedrijven verdienen een kwart meer sinds legalisering online casino's
    Gokbedrijven hebben vorig jaar 3,4 miljard euro verdiend na aftrek van uitgekeerde winsten. Dat is 700 miljoen euro of bijna 26 procent meer dan in 2019, het laatste jaar zonder coronabeperkingen. In 2022 vergokten Nederlanders gemiddeld 258 euro per persoon.  ( 9 min )
    Brussel roept TikTok en Meta ter verantwoording voor verspreiding nepnieuws
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    Universal Music bindt de strijd aan met AI-songtekstgenerator Claude
    Universal Music sleept AI-chatbotmaker Anthropic voor de rechter in het Amerikaanse Nashville. Volgens de platenmaatschappij maakt de chatbot nieuwe muziek die te sterk lijkt op nummers van artiesten die bij Universal onder contract staan.  ( 9 min )
    BCC meldt uit vrees voor onrust niet meer welke winkels open zijn
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    Deutsche Bahn verkoopt vervoerder Arriva aan Amerikaanse investeerder
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    Tesla voelt hete adem van concurrentie in zijn nek en ziet winstgevendheid dalen
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    Werkloosheid licht gestegen, vooral veel jongeren zonder baan
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    Netflix trekt meeste abonnees in jaren door maatregelen tegen account delen
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    Nokia schrapt tot veertienduizend banen om winst op peil te houden
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    Chemiebedrijf Chemours wordt strafrechtelijk onderzocht vanwege vervuiling
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    Griep en herfstdip zorgen ervoor dat we ons weer vaker ziek melden
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  • Open

    Netflix CFO says company has 'long runway of margin growth' as streamer hikes prices
    Netflix said its operating margin has more room to run after the company beat earnings expectations on both the top and bottom lines and reported a surge in subscribers.  ( 35 min )
    Tesla’s Musk Warns of Cybertruck Challenges
    Tesla’s profit tumbled 44% in the third quarter as the impact of steep price cuts continued to take a toll on the electric-car maker’s bottom line.  ( 29 min )
    Wells Fargo Says Industrial Stocks Look Attractive Right Now; Here Are 2 Names to Consider
    It’s two years out from the COVID lockdowns, and some patterns are becoming clear. One that was not anticipated was a surge in reshoring of basic industries. The pandemic era highlighted vulnerabilities in our supply chain, and the government responded with a push to bring manufacturing back onto US shores. That push has included federal subsidies and incentives, but the motive remains simple: to reduce our dependence on foreign suppliers for everyday goods. The incentives have not been evenly a  ( 36 min )
    Tesla Earnings Slide 37%; Cybertruck Coming But Elon Musk Issues This Warning
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    Tesla CEO Musk Tempers Expectations on Cybertruck
    Tesla shares turned negative in after-hours trading after Chief Executive Elon Musk tempered expectations on the company’s new Cybertruck. “It's a great product, but financially, it will take, I don't know, a year to 18 months before it is a significant positive cash flow contributor,” Musk said on  ( 24 min )
    Top CD Rates Today: One 6.50% Leader and a 6% Runner-Up
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    Dow Jones Tumbles: Tesla Earnings Dive, Musk Tempers Cybertruck Expectations; Netflix Jumps Late
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    Microsoft Stock Is Setting Up With Earnings Due. What Does An Amazon Deal Mean For Investors?
    No content preview
    Costco CEO Craig Jelinek to Step Down
    COO Ron Vachris will succeed Jelinek starting Jan. 1.  ( 16 min )
    Devon Energy Mulls M&A Options With Marathon, CrownRock
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    Tesla’s Earnings Miss Shows Price Cut Pain Isn’t Over
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    The housing market is so unaffordable that buyers need to make nearly $115K to afford the average home, Redfin says—that’s $40k more than average earnings
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    Netflix subscribers surge as company announces price hikes in some regions
    Netflix reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    These 3 EV Startups That Rode Tesla Wave Are Now Penny Stocks
    No content preview
    Tesla misses margin estimates, sticks to production goal
    The company has since January resorted to steep price cuts and discounts, including reductions of more than 6% across models in the third quarter, to propel sales at a time when overall demand is under pressure. While those efforts drove up sales in the first half of the year, planned factory retooling to prepare for production of new models throttled Tesla's deliveries between July and September. Investors and analysts expect more price cuts as the automaker aims to deliver a record 476,000 vehicles in the fourth quarter to meet its annual target.  ( 33 min )
    Tesla slightly misses estimates on margin, sticks to production goal
    The company has since January resorted to steep price cuts and discounts, including reductions of more than 6% across models in the third quarter, to propel sales at a time when overall demand is under pressure. While those efforts drove up sales in the first half of the year, planned factory retooling to prepare for production of new models throttled Tesla's deliveries between July and September. Investors and analysts expect more price cuts as the automaker aims to deliver a record 476,000 vehicles in the fourth quarter to meet its annual target of 1.8 million vehicles.  ( 33 min )
    Stocks plummet, yields rise after earnings warnings: Stock market news today
    Earnings, as well as Middle East tensions, weighed on markets Wednesday.  ( 44 min )
    Gold is approaching all-time highs but it's 'not the time' to buy, strategist says
    The precious metal has often been considered a safe-haven asset for investors. But Lee Munson, the CIO at Portfolio Wealth Advisors, says the high rate environment makes it unattractive.  ( 34 min )
    FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies
    The Sam Bankman-Fried trial is 11 days in and witnesses continue to take the stand on behalf of the prosecution’s case. The defamed former co-founder of FTX and Alameda is on trial for seven criminal charges related to fraud and money laundering. On Wednesday, Peter Easton, an accounting professor at University of Notre Dame, testified regarding whether or not the FTX collapse was predicated on fraud.  ( 33 min )
    Procter & Gamble Stock Rises; Earnings Climb, Boosted by Higher Prices
    Procter & Gamble said profit rose 15% in its fiscal first quarter after price increases offset lower volumes across three out of its five categories. Higher prices boosted the top line by 7% in the latest period, while sales volume declined 1%. The company's shares rose more than 2% in afternoon tr  ( 25 min )
    Rite Aid Stores Closing After Bankruptcy: See the List
    The drugstore chain has faced issues from failed mergers to hundreds of lawsuits over the opioid crisis.  ( 31 min )
    Analyst Report: United Airlines Holdings Inc
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    Analyst Report: U.S. Bancorp.
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    Popular Treasury Bond ETF Sinks to All-Time Low
    Relentless government bond losses sent a large BlackRock Treasury bond exchange-traded fund to an all-time low price on Wednesday. BlackRock's iShares 10-20 year Treasury Bond ETF (ticker: [TLH](https:/  ( 24 min )
    Market Update: MS, MSFT, USB, UAL
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    If you’re in the 1% or middle class, inflation has actually made you richer, according to a top economist who’s been researching inequality for over 40 years
    Yes, inflation is a tax on incomes, finds NYU’s Edward Nathan Wolff, but it also shrinks debts and can boost asset values, like homes.  ( 35 min )
    Caterpillar, These S&P 500 Construction Stocks Tumble On Peak Demand Fears. This Is The Trigger.
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    Mortgage Rates See Two-Day Spike Into New Record Territory
    Rates on 30-year mortgages have surged another quarter point, pushing the 30-year average well above its recent 23-year high. Rates jumped for almost every loan type.  ( 19 min )
    How Can I Tell If I'm Actually Rich?
    Openly discussing the topic can be uncomfortable. But you've probably wondered who can be considered truly rich and whether you fit that definition (or ever will). According to Schwab's 2022 Modern Wealth Survey, the average American thinks being rich means … Continue reading → The post How Do You Know If You Are Rich? appeared first on SmartAsset Blog.  ( 34 min )
    The Sneaky (But Smart) Place Millionaires Keep Their Money
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    Capital Gains Tax on Real Estate Investment Property Will Set You Back This Much
    Real estate investments can be lucrative assets. However, they can also incur capital gains taxes that weaken your profits. Fortunately, you can implement tactics that reduce capital gains taxes so you can keep more of your money. Although the IRS … Continue reading → The post Capital Gains Tax on Real Estate Investment Property appeared first on SmartAsset Blog.  ( 35 min )
    Warren Buffett's Daughter-In-Law Gave Him Her Financial Statements As A Christmas Gift One Year: 'I Just Wanted To Show Him, Look, We're Doing Good'
    Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is no ordinary gift recipient. Known for his extraordinary success in investing, he has remained one of the world's wealthiest people for years. Shopping for a family member is often challenging, but when that family member is Buffett, the dilemma becomes even more unique: What can you possibly give a billionaire who already has everything? Mary Buffett, who was married to Warren Buffett's son Peter, faced this question during their first C  ( 35 min )
    Buy, Borrow, Die: This is How the Rich Avoid Taxes
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    Spirit AeroSystems Stock Soars on a Big Deal With Boeing. Here’s What’s In It.
    Aerospace supplier Spirit AeroSystems said its key customer, Boeing, has agreed to help it through its production problems.  ( 19 min )
    Harvard Business School Dean Srikant Datar Comes Under Attack From Seven Tenured Profs
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    Looking For Passive Income? This Dividend Portfolio Will Pay You Monthly
    In the world of dividend stocks, most companies follow a quarterly distribution schedule. Imagine a scenario where, instead of waiting for a dividend check every three months, you are getting paid every month. It's entirely feasible. A select group of companies pays monthly dividends. Realty Income Corp. (NYSE:O), for instance, has been doing so for decades. Because tenants typically pay rent every month, real estate has been a popular sector for investors looking to earn passive monthly income.  ( 34 min )
    Billionaire Ken Fisher Is Ready for the Bull Market’s Next Leg Up — Here Are 2 Stocks He’s Heavily Invested In
    Ken Fisher has a problem with the Fed, decrying it as ‘idiotic.’ And investors, says the billionaire stock picker, should not pay too much attention to its announcements. “Maybe you’re still worried about what the Fed says,” wonders the Fisher Investments founder. “The September minutes warned of higher rates for longer. But here’s a little secret: The Fed never has a clue what it will do. In May 2022, Fed Chairman Jerome Powell said, ‘a 75 basis point increase is not something that the committe  ( 36 min )
    Tesla Q3 earnings preview: Margins, delivery guidance, Cybertruck status in focus
    Tesla shares have underperformed the market over the past three months. Investors will be hoping the electric-vehicle maker’s Q3 earnings, coming after the bell on Wednesday, could rectify that situation.  ( 34 min )
    Arm initiated, SQM downgraded: Wall Street's top analyst calls
    Arm initiated, SQM downgraded: Wall Street's top analyst calls  ( 35 min )
    Regional Bank Earnings Kick Off: U.S. Bank, Citizens, M&T
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    Spirit Aerosystems Stock Surges on Production Deal With Boeing
    Spirit Aeroystems shares advanced more than 20% Wednesday after the aircraft parts supplier said it had reached a tentative agreement with Boeing that would include some price increases for Spirit. Spir  ( 23 min )
    United, Delta Stocks Fell After Record Earnings. What to Expect From American.
    Airlines’ earnings are shaping up to be historic. United, Delta reported, and American is on tap.  ( 18 min )
    Nvidia stock falls as new US chip rules threaten business in China
    The Biden administration's new restrictions on AI chip distribution to China could hurt Nvidia's business overseas.  ( 34 min )
    Abbott Raises Outlook, Boosted By 'Whopping' Growth Of Diabetes Device
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    Nvidia thought it found a way around U.S. export bans of AI chips to China—now Biden is closing the loophole and investors aren’t happy
    Billionaire founder Jensen Huang can no longer sell two lucrative chips specially designed for the Chinese market, because they might help boost its military capabilities.  ( 34 min )
    Rite Aid is closing more than 150 stores. Here's where they are.
    Rite Aid said it plans to shutter 154 locations across the nation, with many of the stores slated for closure in California and Pennsylvania.  ( 33 min )
    Treasury Auctions Are Usually Boring. Why Today’s Could Shake the Stock Market.
    No content preview  ( 19 min )
    U.S. mortgage application flow plunges to lowest since 1995
    The volume of U.S. mortgage applications plummeted to the lowest in nearly three decades last week as the interest rate on the most popular type of home loan rose for a sixth straight week to the highest since 2000, the latest data to point to no near-term relief for the slumping housing market. The Mortgage Bankers Association's weekly index of mortgage application activity fell 6.9% in the week ended Oct. 13 to 166.9, the lowest since May 1995. Applications for loans to buy a home fell 5.6% to the lowest since February 1995 and applications to refinance an existing mortgage tumbled 9.9% to the lowest since January.  ( 33 min )
    U.S. Bancorp Posts Solid Earnings. Net Interest Income Boosted by Higher Rates.
    Net interest income is being helped by the Federal Reserve's aggressive pace of rate hikes.  ( 14 min )
    Tesla Releases Earnings Today. Here’s What to Watch.
    No content preview  ( 18 min )
    Morgan Stanley's profit drops on Wall Street slowdown
    Investment banking and trading fell at Morgan Stanley, demonstrating the many challenges still roiling Wall Street.  ( 33 min )
    12 Companies (Including Nvidia) Will Double Their Profit, Analysts Say
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    Ally Financial Posts Profit That Beats Estimates
    (Bloomberg) -- Ally Financial Inc. posted third-quarter profit that beat analyst estimates even as consumers struggled to make loan payments.Most Read from BloombergHospital Blast Kills Hundreds as Israel, Hamas Trade BlameBiden Says Israel Probably Wasn’t Behind Gaza Hospital BlastIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastOil Jumps; Futures Fall as Morgan Stanley Drops: Markets WrapTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapThe auto lender reported $269  ( 33 min )
    US Bancorp profit beats Wall street estimates on higher interest income
    US Bancorp beat estimates for third-quarter profit on Wednesday, as higher interest income from loans offset a hit from bigger credit-loss provisions. The U.S. Federal Reserve's aggressive monetary tightening over the past year to tame inflation has boosted profits at consumer-facing banks as customers pay a higher rate on their mortgages and credit card debt. Net interest income, which is the difference between what banks earn from lending and pay out on deposits, for the third quarter ended Sept. 30 rose 10.7% to $4.27 billion for USB.  ( 33 min )
    Chip Gear Leader ASML Forecasts Flat Sales In 2024, Shares Fall
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    Oil Jumps as Iran Seeks Israel Embargo; Stocks Dip: Markets Wrap
    (Bloomberg) -- Oil prices rallied more than 3% and stocks fell as Iran intensified its rhetoric against Israel after an explosion at a Gaza hospital that complicated diplomatic efforts to rein in the Middle East conflict.Most Read from BloombergHospital Blast Kills Hundreds as Israel, Hamas Trade BlameIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?UPenn Donors Pile P  ( 35 min )
    Analyst Report: Bank of New York Mellon Corp
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    Analyst Report: Lockheed Martin Corp.
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    Analyst Report: Walgreens Boots Alliance Inc
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    Analyst Report: Goldman Sachs Group, Inc.
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    P&G tops earnings and sales estimates after hiking prices
    P&G delivers another better-than-expected quarter.  ( 34 min )
    I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years?
    If you have $1 million in a 401(k) and collect a pension, you may be in a position to delay Social Security until age 70. Doing so can boost your monthly benefit by up to 24%. However, delaying Social Security will mean you’ll have to rely more heavily on your savings for several years and […] The post I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Daily Spotlight: Global Stocks Priced at Discount to U.S. Stocks
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: BK, GS, LLY, LMT, UNH, WBA
    No content preview
    Bank of America warned consumers they would be pushed to the ‘point of pain’—and CEO Brian Moynihan says we’ve now reached that point
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    Ask an Advisor: I Have $680K in a 401(k), a Monthly Pension of $1,600 and Another $150K in Cash. Can I Retire at 62?
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    Daily – Vickers Top Insider Picks for 10/18/2023
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    Daily – Vickers Top Buyers & Sellers for 10/18/2023
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    Wall Street Worries Over Swelling US Debt Put Fed in Tight Spot
    (Bloomberg) -- The Federal Reserve faces potential policy pitfalls ahead as it wrestles with how to respond to investor angst about the US government’s $33.5 trillion mountain of debt.Most Read from BloombergHospital Blast Kills Hundreds as Israel, Hamas Trade BlameIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?UPenn Donors Pile Pressure on School as David Magerman P  ( 35 min )
    ASML Stock Drops. The Semiconductor Bellwether Warns on This Headwind.
    ASML forecast flat revenue for 2024 as chip manufacturers are uncertain about the timing of the recovery in semiconductor demand.  ( 17 min )
    These Stocks Are Moving the Most Today: United, Morgan Stanley, ASML, J.B. Hunt, Tesla, Netflix, and More
    United Airlines says the Israel-Hamas war will hit fourth-quarter results, and ASML expects flat revenue in 2024. Morgan Stanley, Procter & Gamble, Tesla, and Netflix are scheduled to report earnings Wednesday.  ( 21 min )
    China’s Country Garden Was Given a Second Chance to Make a Bond Payment. It Failed.
    The property giant was once considered one of the safest developers in China, but the country’s property slowdown has claimed another victim.  ( 30 min )
    ASML Holding Sees Flat 2024 Revenue on Demand Uncertainty
    ASML said it sees 2024 as a transition year, expecting revenue to be similar to 2023, given uncertainty around the demand recovery in the semiconductor industry.  ( 26 min )
    ASML warns of flat 2024 sales as chipmakers slow orders
    No content preview  ( 32 min )
    Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them
    When Laima Springe-Janssen was looking to replace her French-made gasoline-powered SUV with an electric car, she considered models from Volvo and Nissan. The Volvo extras she wanted would have busted her budget, while the Nissan lacked the “wow factor.” The Copenhagen, Denmark, resident ended up buying a compact SUV from China’s BYD.  ( 41 min )
    Charles Schwab Has Had a Terrible Year. The Surprising Reason the Brokerage King Won’t Be Dethroned.
    Charles Schwab can maintain its big lead over its rivals despite gripes among some advisors about the transition from TD Ameritrade.  ( 43 min )
    Can Your 401(k) Impact Your Social Security Benefits?
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    Carl Icahn Criticizes Short Sellers at Investor Conference
    (Bloomberg) -- Carl Icahn criticized short sellers on Tuesday, months after his firm became the target of one. Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Biden’s Visit to Jordan, Arab Summit ScrappedHundreds Dead at Gaza Hospital as Israel, Hamas Trade BlameWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Putin Arrives in China to Meet Xi on Rare International Trip“I think there’s a place for short sellers without question but to go ou  ( 33 min )
    Gold jumps on safe-haven demand after Gaza hospital strike
    Gold prices rose on Wednesday after a deadly blast in Gaza fuelled fears of an escalating regional conflict, keeping the safe-haven asset in demand among nervous investors despite robust U.S. economic data and a high rate scenario. FUNDAMENTALS * Spot gold climbed 0.4% to $1,929.89 per ounce by 0123 GMT, and U.S. gold futures also jumped 0.4% to $1,942.70. About 500 Palestinians were killed in a blast at a Gaza City hospital on Tuesday that Israeli and Palestinian officials blamed on each other and that ignited protests in the West Bank and around the Middle East.  ( 33 min )
    Dow Jones Futures Fall: Market Rally Rangebound, Five Stocks Near Buy Points; Tesla Earnings Due
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    Jeremy Siegel says Treasurys crashed because everyone forgot they're a bad inflation hedge while stocks 'do beautifully'
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    'Tesla could be in the midst of a strategic pivot': Here's what Wall Street expects from the EV maker's 3rd-quarter earnings report
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    Oil prices jump 2% on supply worries after large U.S. stock drawdown
    Brent crude futures jumped $1.62, or 1.8%, to $91.49 a barrel at 0148, with markets also braced for Chinese GDP numbers. West Texas Intermediate crude (WTI) futures were up $1.77, or 2%, at $88.43 a barrel. U.S. crude stocks fell by about 4.4 million barrels in the week ended Oct. 13, according to market sources citing American Petroleum Institute figures on Tuesday.  ( 33 min )
    Long-term investors should be plowing 80% of their portfolios into stocks and other hard assets, BlackRock chief Larry Fink says
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  • Open

    Who Is Exempt from Paying into Social Security?
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    Top CD Rates Today: One 6.50% Leader and a 6% Runner-Up
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    New York City Economic Tracker: October 2, 2023
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    Tesla Q3 Earnings Drop As Price Cuts Squeeze Margins But Fail To Boost Sales
    The electric car maker has cut into profits by repeatedly slashing prices in an effort to drum up demand to little effect.  ( 17 min )
    CD Rates Have Hit New Records. How Much Higher Will They Go?
    CD rates have been on a 20-month climb, setting new records in several terms. With rates already at their highest level in more than 20 years, will they go higher still?  ( 21 min )
    S&P 500 Gains and Losses Today: Airline Stocks Fall Amid Canceled Flights, Fuel Costs
    The S&P 500 tumbled 1.3% on Wednesday, Oct. 18, 2023, with concerns about corporate earnings and the possibility that fighting between Israel and Hamas may escalate further.  ( 16 min )
    Consumers May Not Slow Their Spending Any Time Soon
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    Albemarle Shares Tumble After BofA Downgrade, Anticipating Softness in Lithium Market
    Albemarle shares sank after Bank of America downgraded the stock because of expected softness in the lithium market.  ( 16 min )
    Netflix Grows Revenue With Password Tracking, Ad-Supported Tiers in Q3
    Despite rumors of an upcoming price increase on its ad-free plans, Netflix's crackdown on password sharing has helped to boost subscriber numbers and revenue.  ( 17 min )
    J.B. Hunt Shares Slump After Profit and Sales Miss Forecasts as Freight Prices Fall
    J.B. Hunt shares tumbled after the shipping giant missed profit and sales estimates as freight prices declined.  ( 17 min )
    U.S. COVID-19 Stimulus and Relief
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    Amazon Tests New Robotic System Aimed at Speeding Deliveries
    Amazon's new robotic system, Sequoia, reduces processing time, increasing the number of goods available for same-day or next-day delivery.  ( 17 min )
    How Does Bitcoin Mining Work? What Is Crypto Mining?
    Bitcoin mining is how new bitcoins enter into circulation. It's also a critical component of the security of the blockchain ledger.  ( 30 min )
    Half of Global Fund Managers Expecting a Weaker World Economy
    Half of global fund managers surveyed by Bank of America see a weaker worldwide economy over the next 12 months, the bank said in its October 2023 Fund Manager Survey.  ( 18 min )
    Spirit AeroSystems Shares Soar After Reaching Production Deal With Boeing
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    China's Economy Grew More Than Expected in the Third Quarter
    China's economy, the world's second-biggest, grew more than expected in the third quarter, boosted by rising industrial production and consumer spending.  ( 18 min )
    Web 3.0 Explained, Plus the History of Web 1.0 and 2.0
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    Semiconductors' Impact on the Stock Market
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    How to Find a Personal Loan After Bankruptcy
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    What Are the Maximum Social Security Disability Benefits?
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    Mortgage Applications Drop to Lowest Level Since 1995
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    Primary Dealer Credit Facility (PDCF)
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    Markets Fall at Midday Amid Mixed Earnings Results, Concerns About Developments in Mideast
    U.S. equities were lower at midday on Wednesday, Oct. 18, 2023, as the latest corporate earnings reports presented a mixed picture, and as concerns rose about fighting in Israel.  ( 16 min )
    ASML Orders Miss Forecasts, and the Firm Warns 2024 Sales Will Be Flat
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    What Is a Debit Note, and How Does It Work?
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    Personal Financial Specialists: Overview, Requirements, Benefits
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    Nvidia Partners With Foxconn to Build and Scale 'AI Factories'
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    3 Types of Indexing for ETF Success
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    Mortgage Rates See Two-Day Spike Into New Record Territory
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    Morgan Stanley's Profit Falls on Higher Costs and Slow Merger and IPO Activity
    Morgan Stanley shares slumped after reporting third quarter profit declined as sales at its wealth management and investment banking units fell short of estimates.  ( 17 min )
    5 Tips To Increase Your Social Security Check
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    What Is Ameribor?
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    Listed Weather Derivatives Grow in Popularity But Have Limitations
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    The bond market can be broken down into three main groups: issuers, underwriters, and purchasers. Learn what each set of players is responsible for.  ( 24 min )
    Higher Prices Drive Procter & Gamble's Better-Than-Expected Earnings
    Procter & Gamble's gross margin continued to improve thanks to higher prices on many goods and production savings.  ( 17 min )
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  • Open

    S&P 500 Gains and Losses Today: Airline Stocks Fall Amid Canceled Flights, Fuel Costs
    The S&P 500 tumbled 1.3% on Wednesday, Oct. 18, 2023, with concerns about corporate earnings and the possibility that fighting between Israel and Hamas may escalate further.  ( 1 min )
    Mortgage Applications Drop to Lowest Level Since 1995
    Lofty mortgage rates continue to discourage refinancing, while escalating insurance rates also help make buying a house out of reach for many.  ( 1 min )
    Markets Fall at Midday Amid Mixed Earnings Results, Concerns About Developments in Mideast
    U.S. equities were lower at midday on Wednesday, Oct. 18, 2023, as the latest corporate earnings reports presented a mixed picture, and as concerns rose about fighting in Israel.  ( 1 min )
    Markets News
    Keep updated on the latest events that are effecting markets, the economy, and your portfolio.  ( 1 min )
    Listed Weather Derivatives Grow in Popularity But Have Limitations
    Climate change and short-term weather uncertainty has boosted interest in listed weather derivatives, but inherent challenges still limit their market potential.  ( 1 min )
    Dow Jones Today: Stock Futures Lower as Oil Rises
    Stock futures were lower in premarket trading Wednesday while oil prices rose as finger-pointing over a deadly blast at a Gaza hospital Tuesday afternoon threatens to escalate the ongoing conflict between Israel and Hamas.  ( 1 min )
    5 Things to Know Before Markets Open
    Amazon is expected to introduce new artificial intelligence and robotics tech in its warehouses to reduce delivery times, and J. B. Hunt shares fell after reporting profits tumbled amid a decline in demand. Here’s what investors need to know today.  ( 1 min )
  • Open

    Nieuw pensioenstelsel maakt fondsen huiverig om pensioenen te verhogen
    Grote pensioenfondsen staan er financieel beter voor dan enkele maanden geleden, waardoor een verhoging van de pensioenen dichterbij komt. Maar door de overgang naar een nieuw stelsel zijn de fondsen voorzichtig met het daadwerkelijk verhogen.  ( 9 min )
    Verkoop Israëlische en Palestijnse vlaggen stijgt fors, ook vredesvlag in trek
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    Stroomnet zo goed als vol: netbeheerders trekken miljarden uit voor uitbreiding
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    Stroomnet overal zo goed als vol: netbeheerders trekken miljarden uit voor uitbreiding
    Het elektriciteitsnet is momenteel in bijna alle provincies grotendeels vol aangezien steeds meer consumenten en bedrijven gebruikmaken van warmtepompen, zonnepannelen en laadpalen. Netbeheerders investeren vanaf 2025 8 miljard euro per jaar om aan de stijgende vraag te voldoen en knelpunten te voorkomen.  ( 11 min )
    Britse inflatie is gestopt met dalen na pauze renteverhogingen
    De inflatie in het Verenigd Koninkrijk was in september 6,7 procent. Dat is precies even hoog als in augustus. Dat betekent dat de afname van de inflatie is gestopt, terwijl de Britse centrale bank ook is gestopt met renteverhogingen.  ( 8 min )
    Britse inflatie is gestopt met dalen na pauze renteverlagingen
    De inflatie in het Verenigd Koninkrijk was in september 6,7 procent. Dat is precies even hoog als in augustus. Dat betekent dat de afname van de inflatie is gestopt, terwijl de Britse centrale bank ook is gestopt met renteverlagingen.  ( 8 min )
    Stroomnet overal zo goed als vol: kabinet trekt miljarden uit voor uitbreiding
    Het elektriciteitsnet in ons land wordt de komende jaren flink uitgebreid. Netbeheerders investeren vanaf 2025 8 miljard euro per jaar om aan de stijgende vraag van consumenten en bedrijven te voldoen en knelpunten te voorkomen.  ( 11 min )
    BCC-winkels blijven dicht vanwege onrust bij leegverkoop
    Ook woensdag blijven alle winkels van BCC dicht, meldt de failliete elektronicaketen op X. Dinsdag bleven de winkels ook al gesloten, omdat de faillissementsuitverkoop tot grote drukte had geleid en de keten zich zorgen maakt om de veiligheid van het personeel.  ( 9 min )
    Shell sluit groot contract met QatarEnergy voor levering gas aan Nederland
    QatarEnergy gaat de komende 27 jaar tot 3,5 miljoen ton vloeibaar gemaakt aardgas (lng) per jaar aan Shell in Nederland leveren. Die hoeveelheid is voldoende om ruim 3,1 miljoen huishoudens van gas te voorzien.  ( 9 min )
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    In de Rotterdamse haven wordt binnenkort gestart met het Porthos-project, waarbij CO2 wordt afgevangen en opgeslagen onder de zeebodem. De betrokken partijen maakten woensdag bekend dat ze definitief hebben besloten het omstreden project door te zetten.  ( 9 min )
    Tweede Kamer wil Groningen beter bereikbaar maken met vier treinen per uur
    Als het aan de Tweede Kamer ligt, gaan er vanaf 2025 in de spits vier intercity's per uur vanuit de Randstad naar Groningen rijden. Later moet dat ook buiten de spits zo zijn, maar daar zijn aanpassingen van het spoor voor nodig.  ( 9 min )
    Nieuwe EU-plannen moeten extreme stroomprijzen voorkomen
    De lidstaten van de Europese Unie hebben een akkoord bereikt over nieuwe regels voor de stroommarkt. Zo moet voorkomen worden de prijzen voor elektriciteit weer zo hoog oplopen als in de voorbij twee jaar.  ( 8 min )
    In twee landen moeten nieuwe gebruikers van X klein bedrag per jaar betalen
    Mensen uit Nieuw-Zeeland en de Filipijnen die met een nieuw account berichten willen delen op X, moeten daarvoor gaan betalen. Het gaat om respectievelijk 80 en 70 eurocent per jaar. De bedoeling is dat dit abonnement bots en spammers tegenhoudt.  ( 9 min )
    Chinese economie is ondanks problemen flink gegroeid in derde kwartaal
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    Nieuwe Amerikaanse exportregels voor chips raken ASML
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    Dop vast aan de fles in strijd tegen plastic afval: 'Doel heiligt het middel'
    Om plastic zwerfafval tegen te gaan, mogen fabrikanten in de EU vanaf komende zomer alleen flessen met vaste doppen maken. Sommige bedrijven experimenteren daar nu al mee, al blijft het wennen. "We zagen de klant ineens naar de concurrent grijpen."  ( 10 min )
  • Open

    Albemarle Shares Tumble After BofA Downgrade, Anticipating Softness in Lithium Market
    Albemarle shares sank after Bank of America downgraded the stock because of expected softness in the lithium market.  ( 1 min )
    J.B. Hunt Shares Slump After Profit and Sales Miss Forecasts as Freight Prices Fall
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    Spirit AeroSystems Shares Soar After Reaching Production Deal With Boeing
    Shares of Boeing supplier Spirit AeroSystems jumped after reaching a production agreement with Boeing to shore up its production system after quality issues delayed deliveries.  ( 1 min )
    Amazon Tests New Robotic System Aimed at Speeding Deliveries
    Amazon's new robotic system, Sequoia, reduces processing time, increasing the number of goods available for same-day or next-day delivery.  ( 1 min )
    Nvidia Partners With Foxconn to Build and Scale 'AI Factories'
    Nvidia is teaming up with Apple supplier Foxconn to set up AI-powered data centers for a wide range of applications, including electric vehicle and robotics platforms.  ( 1 min )
    ASML Orders Miss Forecasts, and the Firm Warns 2024 Sales Will Be Flat
    Semiconductor equipment maker ASML's orders were much lower than expected, and the company warned sales will be flat in 2024.  ( 1 min )
    Morgan Stanley's Profit Falls on Higher Costs and Slow Merger and IPO Activity
    Morgan Stanley shares slumped after reporting third quarter profit declined as sales at its wealth management and investment banking units fell short of estimates.  ( 1 min )
    Higher Prices Drive Procter & Gamble's Better-Than-Expected Earnings
    Procter & Gamble's gross margin continued to improve thanks to higher prices on many goods and production savings.  ( 1 min )

  • Open

    How Are Prepaid Expenses Recorded on the Income Statement?
    Learn how prepaid expenses are recorded on a company's financial statements, including why prepaid expenses are considered assets.  ( 24 min )
    How Are Social Security Benefits Affected by Your Income?
    The income you earn during your working years is a major factor in calculating your Social Security benefits. See how much of a monthly benefit you could receive.  ( 28 min )
    What Can Policymakers Do to Decrease Cyclical Unemployment?
    Downturns in the business cycle cause cyclical unemployment, so policymakers should focus on expanding output, which can be achieved by stimulating demand.  ( 24 min )
    Top CDs Today: Record Rate of 6.50% Available While It Lasts
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Taxpayers In 13 States Can File Online Directly To The IRS This Year
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    2023 Social Security Tax Limit
    The federal government annually limits how much of your earnings are subject to the Social Security tax.  ( 27 min )
    S&P 500 Gains and Losses Today: Chipmaker Shares Drop Amid Tightening Export Rules
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    Mortgage Rates Climb for a Second Day
    Rates on 30-year mortgages rose for a second day, adding an eighth of a point over last week's low point. Most other averages also moved up, though jumbo rates were flat.  ( 22 min )
    GM Delays Planned EV Plant Conversion as UAW Strike Continues
    General Motors delayed to late 2025 plans to convert the Orion Assembly plant to electric vehicle production as the United Auto Workers strike continues against it and the other Big Three automakers, Ford and Stellantis.  ( 17 min )
    Supertrend Indicator: What It Is, How It Works
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    VF Corp. Shares Surge as Activist Investor Calls for New Strategy
    Shares of VF Corp. soared close to 14% Tuesday as activist investor Engaged Capital disclosed plans to try to boost the apparel retailer's value after taking a major stake in the firm.  ( 17 min )
    Covered Call ETFs: How They Can Help Enhance Investment Returns
    Covered Call ETFs Sell Call Options on Securities They Own, Generating Income for Investors and Helping Protect Against Volatility.  ( 22 min )
    Alphanomics
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    Why Is Social Security Running Out of Money?
    Social Security isn't going away, but the fund may not have enough reserves to pay full benefits by the time you retire unless Congress acts. Learn more.  ( 27 min )
    Why There's A Gold Rush at Costco
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    How Are the Social Security Trust Funds Invested?
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    Wealthy Investors Are Relying on Financial Advisors More Than Ever, Cerulli Says
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    Understanding Futures Contract Expiration: A Comprehensive Guide
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    Taylor Swift's Net Worth and Business Empire Explained
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    Theory of Liquidity Preference Definition: History, Example, and How It Works
    Liquidity preference theory concerns how stakeholders value cash relative to receiving interest over varying lengths of time.  ( 28 min )
    Wyndham Shares Soar as Choice Hotels Proposes $7.8 Billion Acquisition Deal
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    The Impact of Exchange Rates on Japan's Economy
    From the Japanese bubble to overseas manufacturing, violent swings in exchange rates and the value of the yen have affected the Japanese economy.  ( 26 min )
    How Social Security Works for the Self-Employed
    When self-employed, you must pay the full 12.4% tax rate, rather than the 6.2% when employed by someone else. But there are deductions to help lighten the tax burden.  ( 29 min )
    Blockchain ETFs vs. Bitcoin ETFs: What's the Difference?
    Investors Often Confuse Blockchain and Bitcoin. This Confusion Carries Over into ETFs. How Do Blockchain ETFs and Bitcoin ETFs Differ?  ( 26 min )
    What Is a Cash Book? How Cash Books Work, With Examples
    A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals.  ( 27 min )
    Home Builder Confidence Drops to Lowest Since January
    The Builder Confidence Index fell for the third consecutive month to 40 from 44 in September, as higher rates are keeping buyers on the sidelines.  ( 17 min )
    Tesla To Recall More Than 54,000 Model X Vehicles
    Tesla will recall 54,676 Model X vehicles made between 2021 and 2023, for reported failures to display a warning light for low brake-fluid levels.  ( 17 min )
    Mortgage Rates Jump Back Up for Most Loan Types
    Rates on 30-year mortgages have been bobbing around above 8%, rising now to their highest point in ten days. Averages were up for most other loan types as well.  ( 18 min )
    Markets Mixed at Midday as Booming Retail Sales Raise Interest Rate Hike Fears
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    J&J Beats Profit Estimates on Pharmaceutical, Medtech Sales as COVID-19 Shot Revenue Slows
    Johnson & Johnson beat profit and sales estimates and boosted its outlook as pharmaceutical and medical device sales gain while demand for COVID-19 vaccines wanes.  ( 16 min )
    How Is Social Security Tax Calculated?
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    A History of U.S. Tax Law Changes
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    ‘Devil-May-Care’ Consumers Spent Freely In September, Report Shows
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    Bank of America Posts Better-Than-Expected Profit on High Interest Rates
    Bank of America's earnings and revenue exceeded forecasts, boosted by an increase in interest income because of higher borrowing costs.  ( 17 min )
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    3 Funds for Bitcoin Exposure in Your Portfolio
    These investment vehicles provide exposure to Bitcoin without the added expenses and hassle of owning the cryptocurrency.  ( 24 min )
    What Is Tipflation and How Is It Changing Tipping Culture In America
    Tipflation refers to the increase in the amount you're expected to tip, which can be much higher than higher than what has been customary in the past.  ( 24 min )
    Market Volatility Boosts Goldman Sachs' Trading Revenue, But Profit Shrinks By A Third
    Goldman Sachs Group's third-quarter profit shrank by about 33% to $2.06 billion, or $5.47 per share, due to impairments in real estate and losses from its consumer banking missteps, despite a boost from higher trading revenues.  ( 17 min )
    Apple and Samsung Lost Market Share as Global Smartphone Sales Fell in Q3
    Global smartphone sales fell to their lowest third-quarter level in a decade, owing to a sluggish recovery in consumer spending, according to Counterpoint Research.  ( 19 min )
    Is the Cost-of-Living Adjustment (COLA) Mandatory?
    Learn why increases in the cost-of-living adjustment for Social Security benefits don't occur each year automatically.  ( 23 min )
    The Geopolitical and Economic Impact of the War in Israel on the Middle East
    The attack on Israel came at a critical time in the Middle East as the country was forming new economic alliances with Saudi Arabia and other nations that would reshape the geopolitical landscape in the region. Professor Simon Mabon of Lancaster University explains how that was playing out, and what might come next as Israeli forces enter Gaza ahead of a cold winter.  ( 20 min )
    Historical US Unemployment Rate by Year
    The U.S. unemployment rate is a key indicator of the nation's overall economic health. It has shifted over time in response to policy changes and historical events.  ( 23 min )
    Self-Employed Contributions Act (SECA) Tax: Overview and FAQs
    The Self-Employed Contributions Act tax is a U.S. government levy on those who work for themselves, rather than for an outside company.  ( 25 min )
    5 Things to Know Before Markets Open
    Bank of America shares rose after reporting better-than-expected earnings on higher interest income and Johnson & Johnson delivered an earnings beat on medical device and pharmaceutical sales. Here’s what investors need to know today.  ( 17 min )
    ETC vs. ETF: What's the Difference?
    An exchange traded commodity (ETC) could be colloquially used to refer to a commodity ETF, but an ETC is actually a product name for a specific type of security.  ( 24 min )
  • Open

    The Treasury bond market is headed for an unknown destination as it sheds key anchors, Mohamed El-Erian says
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    U.S. Tightens Curbs on AI Chip Exports to China, Widening Rift With Nvidia and Intel
    The new rules, which significantly constrict sales of advanced semiconductors to the Chinese market, came despite intense lobbying by chip companies.  ( 30 min )
    Biden Unveils $7 Billion Jackpot To Build Regional Hydrogen Hubs
    President Biden's $7 billion investment in seven regional hydrogen hubs aims to accelerate clean hydrogen production, reduce carbon emissions, and boost energy security, with the goal of achieving net-zero emissions by 2050.  ( 35 min )
    Top CDs Today: Record Rate of 6.50% Available While It Lasts
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Bank of America, Wells Fargo plan more branch closures
    The two megabanks continue to shrink their branch networks, with BofA planning to close 20 locations and Wells recently shuttering 15. Both banks are also opening new branches in certain markets.  ( 34 min )
    2024 Social Security Tax Limit
    The federal government annually limits how much of your earnings are subject to the Social Security tax.  ( 28 min )
    Lucid Shares Trade at an All-Time Low After the EV Maker's Deliveries Miss Estimates
    Luxury EV carmaker Lucid Group reported deliveries of its Air sedan that fell far short of analysts' estimates.  ( 19 min )
    Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt
    (Bloomberg) -- A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with a $240 million mortgage. Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Gaza Officials Say Hospital Strike Kills HundredsPutin Arrives in China to Meet Xi on Rare International TripWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Israel Latest: Blinken Works on Gaza Aid as Biden Set to VisitThe properties, located in ci  ( 33 min )
    VF Corp. Shares Surge as Activist Investor Calls for New Strategy
    Shares of VF Corp. soared close to 14% Tuesday as activist investor Engaged Capital disclosed plans to try to boost the apparel retailer's value after taking a major stake in the firm.  ( 18 min )
    Stocks close mostly flat after hot retail sales report: Stock market news today
    Retail sales were the latest sign of a strong economy, as a consumer slowdown remained nowhere in sight.  ( 46 min )
    Taxpayers in 13 states can file income taxes with the IRS for free in 2024. Here's how.
    The IRS rolled out new details for how select taxpayers will be able to prepare and file their income taxes online directly with the IRS for free.  ( 34 min )
    Gas prices are falling even with oil nearing $90 a barrel — here's why
    Gasoline prices are on a downward trend as the seasonal benefits of the shift to fall in the US outweigh elevated crude oil prices.  ( 34 min )
    Goldman Sachs Backs Warren Buffett, Says This Stock Is Now a Buy
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    Why There's A Gold Rush at Costco
    There are good reasons shoppers at the warehouse club Costco, known for its inflation-proof $1.50 hot dog and soda deal, have been stocking up on something a bit fancier: 1-ounce bars of gold.  ( 22 min )
    The S&P 500 is in a historic bubble and could crash by 63%, markets guru John Hussman warns
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    Fannie Mae’s CEO says shopping for a house right now is downright Dickensian: A ‘tale of 2 markets’
    The “lock-in” effect is making the housing market unappealing for both buyers and sellers.  ( 34 min )
    U.S. Bancorp Surges After Fed Eases Firm’s Regulatory Burden
    (Bloomberg) -- U.S. Bancorp surged after the Federal Reserve released it from a commitment to meet requirements for larger banks by the end of next year.Most Read from BloombergStocks Fall, Yields Rise as Hot Data Fuel Fed Bets: Markets WrapPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Biden Plans High-Stakes Israel Visit to Keep War From EscalatingRegulators said the re  ( 33 min )
    J&J Stock Dips After Healthcare Giant Posts Earnings
    Johnson & Johnson (JNJ) raised its adjusted earnings outlook for the year after posting higher third-quarter revenue, despite a drop in sales of its Covid-19 vaccine. J&J's shares, down nearly 11% this year, fell more than 1% in afternoon trading. It  ( 23 min )
    Goldman Sachs Stock Is Below Book Value. It’s a Great Time to Buy.
    With the stock price a touch below what Goldman Sachs would be worth in a theoretical liquidation, investors now are effectively paying nothing for the franchise.  ( 23 min )
    Analyst Report: Bank Of America Corp.
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    Market Update: BAC, ERIC
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    Stocks turn positive after strong retail sales data: Stock market news today
    All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 43 min )
    VMware Shares Fall on Worries China Could Block Broadcom Deal
    The Biden administration is tightening restrictions on the sale of advanced chips to China, sparking fears of retaliation.  ( 17 min )
    Will Biden AI Chip Curbs On China Derail Broadcom-VMware Deal?
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    Why McDonald's stock has lost a few pounds
    The sell-off in shares of McDonald's has crossed into unsavory territory.  ( 34 min )
    More Americans Think They Can Retire With Less Money by Claiming Social Security Early, But Are They Right?
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    Some (Potential) Bad News: You Could Have to Pay Taxes on Catch-Up Contributions if You Make Over $145K
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    ‘Shark Tank’ star Barbara Corcoran insists now is ‘the very best time’ to buy a house despite interest rates hitting a 23-year high
    The “Shark Tank” star sold her property business for $66 million in 2001.  ( 32 min )
    Almost a Quarter of Americans Bomb This Financial Quiz. Can You Do Better?
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    Do You Make $145K? The IRS Just Delayed New Catch-Up Contribution Rule Until 2026
    The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.  ( 33 min )
    Stocks edge lower after retail sales surprise: Stock market news today
    All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 42 min )
    10 Most Profitable Companies in the World
    With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 24 min )
    Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?' I'm 65 and Have 82% of My 401(k) in Equities
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    Nvidia Stock Tumbles On New U.S. Trade Restrictions With China
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    Worried About Nursing Home Costs? Here Are Your Options
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    How Much Can I Make in Dividends With $100k?
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    Nvidia Stock Tumbles as U.S. Tightens Restrictions on AI Chip Exports to China
    The Biden administration is tightening its restriction on exports of artificial intelligence chips to China.  ( 18 min )
    Wall Street’s biggest bear Mike Wilson is now predicting an end-of-year stock rally is ‘more likely than not’
    Wall Street’s top strategist said much depends on whether current prices can be maintained in the short term.  ( 34 min )
    Lucid’s Output of EVs Drops 29%, Putting Output Target at Risk
    (Bloomberg) -- Lucid Group Inc.’s output of electric vehicles fell 29% on the quarter, raising questions about its ability to meet a full-year production target of more than 10,000 EVs. Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitPutin Arrives in China to Meet Xi on Rare International TripYour Guide to Understanding the Roots of the Israel-Hamas WarBiden Plans High-Stakes Israel Visit to Keep War From EscalatingIsrael Latest: Army Says Hamas Officials De  ( 32 min )
    Nvidia, Chip Stocks Drop After U.S. Curbs Exports
    Shares of Nvidia and other semiconductor stocks dropped Tuesday after the U.S. said it would would significantly constrict exports of artificial-intelligence chips, making it harder  ( 23 min )
    VF Stock Jumps on News of Activist Stake
    Shares of VF jumped early Tuesday after the Journal reported that activist investor Engaged Capital has built a big stake in the company, which owns retail brands including The North Face and Vans. The stock was recently up about 9%. It was down 41% this year through Monday's close even after a nea  ( 22 min )
    Cathie Wood and BlackRock Have One Thing in Common: They’re Making a Big Bet on These 2 Stocks
    Everyone has different strategies they put to work in the stock market, but the goal for all remains the same: to maximize returns. Of course, that applies to the big investing institutions too. The world’s biggest asset manager, BlackRock, boasting ~$9.43 trillion of total assets under management, uses a systematic investing method—an investment strategy that prioritizes the use of data-driven analysis, rigorous testing of investment concepts, and sophisticated computer modeling methods in its  ( 35 min )
    VinFast Plumbs New Lows After CEO Says Company Needs Lots of Capital
    Shares of VinFast are swinging between small gains and losses Tuesday, a day after the once-hot Vietnamese electric-car startup slid 18% and hit new lows. The latest declines came after the company's CEO sa  ( 23 min )
    Engaged Capital Builds Stake in North Face, Vans Owner
    Engaged Capital has built a big stake in VF, owner of retail brands including Vans and The North Face, and plans to push for a slew of changes including steep cost cuts.  ( 27 min )
    Stocks open lower after retail sales surprise: Stock market news today
    All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 37 min )
    China's electric vehicle giant BYD sees Q3 net profit as much as doubling
    Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. "Despite the increasingly intensified competition in the automobile industry in the third quarter, the company continued to record profit," BYD said in the filing. This was down to the company "leveraging on its improving brand influence, continuously expanding scale advantage and strong industrial chain-wide cost control capability, demonstrating strong resilience", it said.  ( 31 min )
    Thermo Fisher to Buy Sweden’s Olink for a 74% Premium in $3.1 Billion Deal
    Thermo Fisher will acquire proteomics company Olink for $26 per American depositary share in cash.  ( 15 min )
    Dow Jones Futures Drop After Strong Retail Sales; Tesla Stock Falls On Recall
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    Greta Thunberg arrested as she blocks oil bosses outside London hotel - latest updates
    Greta Thunberg has joined climate activists blocking a London hotel where oil executives are holding a meeting.  ( 44 min )
    Bank of America's unrealized losses on securities rose to $131.6 billion
    Bank of America reported unrealized losses of $131.6 billion on securities held until maturity in the third quarter, growing from nearly $106 billion in paper losses in the second quarter. The second-biggest U.S. lender had about $603 billion in held-to-maturity securities, it said in a filing on Tuesday, shrinking from $614 billion in the second quarter. Unrealized losses have come under closer scrutiny by investors since March.  ( 32 min )
    Choice Hotels’ $7.8 Billion Bid for Wyndham Could Shake Up Budget-Hotel Industry
    Choice Hotels International has announced a proposal to acquire Wyndham Hotels & Resorts for $90 a share.  ( 17 min )
    LMT Stock: Lockheed Martin Beats Earnings Forecasts, Defense Contractors In Focus
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    Goldman's profit declines amid costly retreat from consumer banking
    Earnings at the Wall Street giant fell 33%. But there were some signs that dealmaking and trading were beginning to pick up.  ( 33 min )
    UPDATE 2-Tupperware names Laurie Goldman new CEO, adds three to board amid turnaround
    Tupperware Brands on Tuesday named consumer goods industry veteran Laurie Ann Goldman its new CEO, replacing Miguel Fernandez effective immediately, as the storage container maker looks to turn its struggling business around. Goldman has previously held the top job at beauty products firm Avon North America between 2018 and 2019, and served as the CEO of shapewear maker Spanx from 2002 to 2014. "Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth," said Susan Cameron, chair of Tupperware's board.  ( 32 min )
    Tucker Carlson’s Media Company Secures Investment Led by New ‘Anti-Woke’ Firm 1789 Capital
    1789 Capital, a firm co-founded by Omeed Malik, invests in a “parallel economy” of conservative-friendly companies.  ( 29 min )
    Weapons maker Lockheed's sales rise amid geopolitical tensions
    Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with defense company RTX, have proven critical to Ukraine's war efforts. However, Lockheed is still hindered by pandemic-related labor and supply chain disruptions in its aeronautics business which makes the advanced fighter jet F-35. "We are still paced by a few key items," Lockheed's Chief Operating Officer Frank St John told Reuters in an interview, such as "processor assemblies, solid rocket motors, castings and forgings", though they have seen progress in this last quarter.  ( 32 min )
    Lockheed Martin Earnings Top Estimates Despite Budget Battle
    Lockheed Martin still expects to grow sales this year despite the budget morass that has left Pentagon spending stuck at prior-year levels and preve  ( 24 min )
    Lockheed Martin Earnings Look Strong as Global Tensions Rise. Updated F-35 Jet on Track.
    Lockheed shares are up about 10% since war broke out between Israel and Hamas.  ( 21 min )
    Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
    The Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday. Shares of the bank dipped 0.4% in premarket trading. Goldman's ill-fated foray into consumer banking proved costly, losing $3 billion over three years.  ( 32 min )
    Bank of America profit rises 10%
    The second-largest US bank got a boost from higher interest income and a strong performance from its Wall Street unit.  ( 33 min )
    Analyst Report: Charles Schwab Corp.
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    Analyst Report: AMGEN Inc.
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    Bank of America profit rises as interest income grows, investment bank shines
    The second-largest U.S. bank on Tuesday posted net income of $7.27 billion, or 91 cents per share, in the three months ended Sept. 30. BofA's investment banking and trading units managed to outperform Wall Street expectations as they reported higher revenue, bucking an industry-wide slump. Meanwhile, lenders have seen their interest income swell as they had more room to charge customers higher rates on loans after the Federal Reserve raised borrowing costs in its fight against inflation.  ( 32 min )
    Daily Spotlight: Sector Leaders & Laggards through 3Q23
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    Technical Assessment: Neutral in the Intermediate-Term
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    Daily – Vickers Top Buyers & Sellers for 10/17/2023
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    Daily – Vickers Top Insider Picks for 10/17/2023
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    J&J lifts profit outlook on strong demand for top-seller Stelara
    Investors are focused on how Johnson & Johnson, now a standalone pharmaceutical and medical devices company, will reach its goal of $57 billion in drug sales by 2025. Excluding its consumer health unit, the company now expects 2023 adjusted profit of $10.07 to $10.13 per share, compared with its previous outlook of $10.00 to $10.10 per share. J&J posted a third-quarter profit of $1.69 per share, compared with $1.62 per share a year earlier.  ( 32 min )
    Pfizer Looks for a Covid Bottom
    The pharma giant has had to slash projections, but investors welcome its plans to cut costs.  ( 27 min )
    Obesity Drugs Are a Potential $100 Billion Opportunity by 2030, Goldman Sachs Analysts Say
    (Bloomberg) -- As the buzz surrounding weight-loss drugs gets ever louder, analysts at Goldman Sachs Group Inc. are predicting a potential $100 billion market opportunity, with Eli Lilly & Co. and Novo Nordisk A/S leading the pack.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in  ( 33 min )
    Home Insurance Is So High in This Florida Town, Residents Are Leaving
    In West Palm Beach’s historic Flamingo Park neighborhood, those who own their homes outright are dropping their insurance, and some who can’t are selling their homes.  ( 23 min )
    Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles and Nokia Falls, Too.
    Ericsson’s decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.  ( 15 min )
    These Stocks Are Moving the Most Today: J&J, Bank of America, Goldman, Lockheed, Ericsson, NetScout, and More
    Johnson & Johnson, Bank of America, and Goldman Sachs are scheduled to report third-quarter earnings on Tuesday, Ericsson slumps after withdrawing margin guidance, and NetScout reduces its outlook for fiscal 2024.  ( 20 min )
    A Goldman partner reportedly blasted Apple's savings accounts as a mistake: 'We should have never done this f—ing thing'
    Apple touted over $10 billion in user deposits into its savings accounts with Goldman, but some bank insiders reportedly see the venture as a mistake.  ( 32 min )
    Ericsson Drops to Lowest Since 2017 After Disappointing Guidance
    (Bloomberg) -- Ericsson AB shares fell to the lowest in six years after it said market weakness will persist into the fourth quarter and beyond, as the company struggles to counter reduced investment in fifth-generation mobile infrastructure from US and European operators.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army  ( 33 min )
    Lonza Warns on 2024 Profitability Hit From Lost Moderna Revenue
    Lonza said its core earnings growth for 2023 will be above its previously indicated range, but cautioned its profits next year will take a hit from lost Moderna revenue.  ( 26 min )
    FTX Plans to Return 90% of Customer Funds, But There's a Catch
    An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.  ( 31 min )
    Bond Yields Are Rising Quickly. Why the Fed Is Getting Worried.
    Wall Street is paying attention to something called "term premia," a demand by bond holders for more yield that can put the brakes on the economy.  ( 24 min )
    TSMC third-quarter profit to slide 30%, focus on how much growth to come
    Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust growth next year as the chip industry emerges from its current downturn. Revenue for the quarter came in at around $17 billion, according to TSMC figures, down 20% from a year earlier and roughly the middle of the company's forecast range. Global demand for semiconductors began to weaken in the second half of last year, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up.  ( 33 min )
    Gold declines as Powell's speech moves into spotlight
    Gold prices fell on Tuesday as the U.S. dollar and Treasury yields firmed, ahead of economic data and Federal Reserve Chair Jerome Powell's speech this week, which could steer upcoming interest rate decisions. Spot gold dropped 0.3% to $1,913.90 per ounce by 0326 GMT, and U.S. gold futures fell 0.4% to $1,925.80. U.S. Treasury yields rose to their highest in more than a week, and the dollar also gained, making non-yielding bullion expensive for other currency holders, ahead of U.S. retail sales and industrial production later in the day.  ( 32 min )
    Mortgage originations will surge 19% in 2024 as a recession will force rates down, MBA says
    Housing inventory will remain tight enough for home prices to keep appreciating for the next three years, MBA says.  ( 32 min )
    The Strategic Petroleum Reserve 'would be harder to use,' and the only buffer for oil markets is Middle East production, energy expert says
    The Strategic Petroleum Reserve currently sits at 40-year lows at 351 million barrels, according to the Energy Department.  ( 33 min )
    The odds of a year-end rally in the stock market are dwindling, Morgan Stanley's top equity strategist says
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  • Open

    S&P 500 Gains and Losses Today: Chipmaker Shares Drop Amid Tightening Export Rules
    The S&P 500 dipped 0.01% on Tuesday, Oct. 17, 2023, as news that retail sales jumped more than expected in September renewed concerns about more Fed rate hikes.  ( 1 min )
    Wyndham Shares Soar as Choice Hotels Proposes $7.8 Billion Acquisition Deal
    Choice Hotels offered stockholders $90 for each Wyndham share owned, with an option to choose cash, stock, or a combination of cash and stock.  ( 1 min )
    Markets Mixed at Midday as Booming Retail Sales Raise Interest Rate Hike Fears
    U.S. equities were mixed at midday on Tuesday, Oct. 17, 2023 following a report showing retail sales jumped well above expectations in September, raising concerns of more Fed interest rate hikes ahead to fight inflation.  ( 1 min )
    Apple and Samsung Lost Market Share as Global Smartphone Sales Fell in Q3
    Global smartphone sales fell to their lowest third-quarter level in a decade, owing to a sluggish recovery in consumer spending, according to Counterpoint Research.  ( 1 min )
    Dow Jones Today: Stock Futures Slip After Bank of America, Goldman Earnings
    Stock futures were slightly lower in premarket trading Tuesday, giving up some of yesterday's gains as Treasury yields crept back up to 16-year highs.  ( 1 min )
    5 Things to Know Before Markets Open
    Bank of America shares rose after reporting better-than-expected earnings on higher interest income and Johnson & Johnson delivered an earnings beat on medical device and pharmaceutical sales. Here’s what investors need to know today.  ( 1 min )
  • Open

    Lucid Shares Trade at an All-Time Low After the EV Maker's Deliveries Miss Estimates
    Luxury EV carmaker Lucid Group reported deliveries of its Air sedan that fell far short of analysts' estimates.  ( 1 min )
    VF Corp. Shares Surge as Activist Investor Calls for New Strategy
    Shares of VF Corp. soared close to 14% Tuesday as activist investor Engaged Capital disclosed plans to try to boost the apparel retailer's value after taking a major stake in the firm.  ( 1 min )
    GM Delays Planned EV Plant Conversion as UAW Strike Continues
    General Motors delayed to late 2025 plans to convert the Orion Assembly plant to electric vehicle production as the United Auto Workers strike continues against it and the other Big Three automakers, Ford and Stellantis.  ( 1 min )
    Tesla To Recall More Than 54,000 Model X Vehicles
    Tesla will recall 54,676 Model X vehicles made between 2021 and 2023, for reported failures to display a warning light for low brake-fluid levels.  ( 1 min )
    J&J Beats Profit Estimates on Pharmaceutical, Medtech Sales as COVID-19 Shot Revenue Slows
    Johnson & Johnson beat profit and sales estimates and boosted its outlook as pharmaceutical and medical device sales gain while demand for COVID-19 vaccines wanes.  ( 1 min )
    Bank of America Posts Better-Than-Expected Profit on High Interest Rates
    Bank of America's earnings and revenue exceeded forecasts, boosted by an increase in interest income because of higher borrowing costs.  ( 1 min )
  • Open

    Acht op de tien bedrijven zeggen duurzamer te werken dan vorig jaar
    Ruim acht op de tien bedrijven zeggen afgelopen jaar maatregelen te hebben genomen om groener te werken. Vooral het terugdringen van het energieverbruik was populair.  ( 8 min )
    Amazon-baas Bezos passeert Arnault en is nu op een-na-rijkste mens ter wereld
    Jeff Bezos, de oprichter en topman van webgigant Amazon, is sinds deze week de op een na rijkste persoon op aarde. De Amerikaan passeerde Bernard Arnault en moet alleen nog Elon Musk voor zich dulden.  ( 9 min )
    Amazon-baas Bezos passeert Arnault en is nu een-na-rijkste mens ter wereld
    Jeff Bezos, de oprichter en topman van webgigant Amazon, is sinds deze week de op een na rijkste persoon op aarde. De Amerikaan passeerde Bernard Arnault en moet alleen nog Elon Musk voor zich dulden.  ( 9 min )
    Drie jaar cel geëist tegen ondernemer die chips en drone aan Russen verkocht
    In een eerste strafzaak over verboden handel met Rusland is dinsdag een celstraf van drie jaar en een geldboete van 350.000 euro geëist door het Openbaar Ministerie. De verdachte ondernemer zou stiekem chips en een drone naar Rusland hebben verhandeld.  ( 10 min )
    Failliet Vacansoleil wordt opgekocht door Franse eigenaar Center Parcs
    Vacansoleil verdwijnt na het faillissement in september in Franse handen. Het online reisbureau maeva neemt Vacansoleil over. Maeva is net als Center Parcs eigendom van de Pierre & Vacances-Center Parcs Group.  ( 9 min )
    Brussel stelt strengere regels in voor overnames van luchtvaartmaatschappijen
    Luchtvaartmaatschappijen die een branchegenoot overnemen, moeten straks aan strengere EU-regels voldoen. Er zijn zorgen over de beperkte concurrentie op sommige routes, zegt Eurocommissaris Didier Reynders in een interview met Financial Times.  ( 9 min )
    Marktaandeel van Samsung op de smartphonemarkt brokkelt verder af
    Apple loopt met zijn marktaandeel op de smartphonemarkt steeds verder in op Samsung, zo blijkt uit cijfers van marktonderzoeker Canalys. Van alle verkochte smartphones is 20 procent een Samsung en 17 procent een iPhone.  ( 8 min )
    NU+ | Review Pixel 8 Pro: AI-machine verandert je kijk op (realistische) fotografie
    In de nieuwe telefoons van Google ligt de nadruk op kunstmatige intelligentie. En dat merk je vooral bij het bewerken van foto's op de Pixel 8 Pro. Nieuwe functies maken het kinderlijk eenvoudig om grenzen tussen echt en nep te vervagen.  ( 10 min )
    Nederland heeft volgens onderzoek weer beste pensioenstelsel ter wereld
    Het pensioenstelsel in Nederland is het beste in de wereld. Daarmee is ons land terug op nummer één, een plek die we vorig jaar moesten afstaan aan IJsland.  ( 9 min )
    Internationale trein is voorlopig nog geen serieuze vervanger van het vliegtuig
    De internationale trein verleidt voorlopig maar een klein deel van de reizigers die nu nog op Schiphol het vliegtuig pakken, concludeert het Kennisinstituut voor Mobiliteitsbeleid (KiM). Ondanks goedkopere tickets biedt de trein nog te weinig voordelen.  ( 11 min )
    LinkedIn zet 668 werknemers op straat in tweede ontslagronde
    LinkedIn heeft opnieuw een ontslagronde aangekondigd. Daarbij verliezen 668 mensen hun baan, oftewel 3 procent van het personeelsbestand van het zakelijke sociale netwerk.  ( 8 min )
    EU komt in oliestaat met afgezwakte oproep tot einde fossiele energie
    Een mondiaal statement over het afbouwen van fossiele brandstoffen. Vooraf werd gedacht dat de EU daar bij de komende klimaattop in Dubai sterk op wilde inzetten. Maar dan moeten de lidstaten eerst elkaar overtuigen. Dat lukte maandag niet goed.  ( 13 min )
    Rijk zoekt meer regio's voor grootschalige woningbouw buiten de Randstad
    Het Rijk is op zoek naar plekken waar na 2030 op grote schaal gebouwd kan worden. Op de lange termijn zijn er meer woningen nodig voor de groeiende bevolking. Demissionair minister Hugo de Jonge (Wonen) kijkt daarvoor naar regio's buiten de Randstad.  ( 9 min )
    Israëlische sjekel daalt naar laagste punt in acht jaar
    De koers van de Israëlische munt zakt steeds verder naarmate het conflict met Hamas voortduurt. Voor 1 dollar moet nu ruim 4 sjekel worden neergeteld. Het is voor het eerst in acht jaar dat de koers van de munt zo laag staat.  ( 9 min )
    EU doet in oliestaat Dubai afgezwakte oproep tot einde fossiele energie
    Een mondiaal statement over het afbouwen van fossiele brandstoffen. Vooraf werd gedacht dat de EU daar bij de komende klimaattop in Dubai sterk op wilde inzetten. Maar dan moeten de lidstaten eerst elkaar overtuigen. Dat lukte maandag niet goed.  ( 13 min )
    Vrees voor duurdere stroom door hogere kosten windparken op zee
    De kosten om windenergie van zee naar land te krijgen, vallen de komende decennia veel hoger uit dan verwacht. Gevreesd wordt dat huishoudens daardoor meer moeten betalen om stroom geleverd te krijgen. Dat meldt demissionair minister Rob Jetten van Klimaat en Energie.  ( 9 min )

  • Open

    It Pays to Be a Producer of Clean Hydrogen — and These Stocks Are Leading the Charge
    We’re in the midst of a major economic transition, one that may eventually match the changes of the Industrial Revolution. The change, of course, is the advent of the green economy, and the switch from fossil fuel energy sources to renewable energy. While wind and solar power are soaking up the headlines, a more plausible long-term green power source is already near at hand: hydrogen. Hydrogen is the most abundant of all the chemical elements, and also the simplest by molecular structure. It is  ( 35 min )
    Country Garden's entire offshore debt to be in default if Tuesday payment not made
    Country Garden's entire offshore debt will be deemed to be in default if China's largest property developer fails to make a $15 million coupon payment on Tuesday, the end of a 30-day grace period.Non-payment of this tranche is set to trigger cross defaults in other bonds as is standard in bond contracts. Lack of payment - which is expected after Country Garden last week warned about its inability to meet offshore debt obligations - would make the firm the latest in scores of Chinese developers who have defaulted. Country Garden has also missed other offshore payments in the past few weeks though those payments still have not seen their 30-day grace periods lapse.  ( 32 min )
    Is This The End Of Naked Short Selling?
    American investors have been taken for a trillion-dollar ride by naked short sellers, in what could turn out to be the biggest financial regulatory scandal in North American history  ( 51 min )
    "They're Repossessing the Jeep and I Need a Cartier Bracelet": What I Wish I Knew About My Finances *Before* My Husband Died
    How to take over the family finances after a tragedy? How about not like this: I got a call maybe a month or three after my 55-year-old husband died from cancer, leaving our 12-year-old son and me stunned that this big personality had finally, in my husband’s words, “rolled over and called it a life.” I was picking up my elderly parents from the airport when I got an urgent call from the new manny (a male caretaker would be good for the kid, I was advised) saying, “Um, there’s a man here to take  ( 52 min )
    Rite Aid Rushes Sale of Unit Over Objection of Mystery Suitor
    (Bloomberg) -- US pharmacy chain Rite Aid Corp. is moving quickly to sell its assets in bankruptcy, over the objection of at least one potential bidder, because the company faces looming financial deadlines, a company lawyer said during the chain’s first day under court supervision.Most Read from BloombergIsrael Latest: Biden to Visit; Strikes on Hezbollah TargetsYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee  ( 33 min )
    Analysts Just Upgraded These Three Healthcare REITs
    A handful of healthcare REITs have been on the upswing, as recent improvements in occupancy rates and their ability to restructure leases with facility operators have buoyed the share prices of several companies in the subsector. Analysts are taking note of the improvements. Take a look at three healthcare REITs that have received analyst upgrades this week. Sabra Health Care REIT Inc. (NASDAQ:SBRA) is an Irvine, California-based healthcare REIT that has 426 U.S. properties in its investment por  ( 34 min )
    Intuitive Surgical Stock Rating Climbs As Sales, Profits Rise
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    CEOs are secretly plotting against hybrid work and pushing for a 5-day office return by 2026
    Roughly 64% of CEOs believe there will be a full return to office by 2026, according to a survey of more than 1,300 CEOs from KPMG.  ( 32 min )
    Automakers blast US plan to hike fuel efficiency rules
    A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers, sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements. The Alliance for Automotive Innovation said the National Highway Traffic Safety Administration Corporate Average Fuel Economy proposal is unreasonable and want significant revisions, arguing the plan will boost average vehicle prices by $3,000 by 2032 because of penalties automakers will face for not being in compliance.  ( 30 min )
    Top CD Rates Today: Leaders Are Paying 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Wells Fargo, JPMorgan Sell $13 Billion of Bonds Post-Earnings
    (Bloomberg) -- Wells Fargo & Co. and JPMorgan Chase & Co. are leading the biggest Wall Street banks in tapping the US investment-grade market after reporting third-quarter earnings.Most Read from BloombergYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Tells Blinken to Brace for ‘Long War’US Pushes to Contain Israel-Hamas War, Warns Iran About EscalationStocks Rise Amid Efforts to S  ( 34 min )
    A banker was fired after trying to expense 2 sandwiches, 2 pastas, and 2 coffees, and saying he ate everything himself — before later admitting he shared them with his partner
    Among the items claimed were two pasta dishes — one with pesto and one with Bolognese — on the same restaurant bill.  ( 32 min )
    Snap Buoyed by Report of CEO’s Bullish Note to Staff
    Snap stock rallied 12% on Monday in response to an upbeat note from CEO Evan Spiegel to the social media company’s staff about the financial outlook for 2024.  ( 16 min )
    Bank of America’s Balance Sheet Will Be All the Talk After Earnings Come Out
    Bank of America expects slightly higher profits and a 2% gain in net interest income.  ( 18 min )
    Ford chair bashes UAW for ongoing strike. Says Ford is not the enemy..
    "We need to come together to bring an end to this acrimonious round of talks," the great grandson of Henry Ford said.  ( 34 min )
    The Great Reset of Property Prices Is Underway. Brace for More Carnage.
    No content preview  ( 28 min )
    Snap Stock Rallies on Report of CEO’s Bullish Note to Staff
    Snap stock rallied 12% on Monday in response to an upbeat note from CEO Evan Spiegel to the social media company’s staff about the financial outlook for 2024.  ( 16 min )
    The housing market is about to have its slowest year since the real estate bubble burst in 2008, according to National Association of Realtors
    Mortgage rate lock-in effect is making homeowners hold on for longer: “You can’t buy what’s not for sale,” one pro says.  ( 33 min )
    Johnson & Johnson’s Earnings Are Coming. They’ll Be the First Since the Kenvue Spinoff.
    Wall Street analysts expect Johnson & Johnson to report earnings of $2.52 per share for the third quarter and sales of $21 billion, according to FactSet.  ( 17 min )
    Paulson Suit Says Ex-Business Partner Spent Millions on Lavish Lifestyle
    (Bloomberg) -- John Paulson sued his former Puerto Rico business partner, accusing him and several members of his family of siphoning millions of dollars from the hedge fund billionaire to finance a luxury lifestyle.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee Sout  ( 33 min )
    Bank of America’s Balance Sheet Will Be All the Talk After Earnings Come Out
    Bank of America expects slightly higher profits and a2% gain in net interest income.  ( 18 min )
    Dow Jones Rallies As Yellen Makes Pledge; Cathie Wood Sells These Stocks As Tech Earnings Loom
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    It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
    Garry Gensler told the Financial Times that AI could cause a financial crash as soon as the late 2020s or early 2030s.  ( 32 min )
    Palantir Forges Cup Base Ahead Of Third-Quarter Earnings
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    Favor bonds over stocks – with 10-year Treasurys set to shake off the market meltdown and deliver double-digit returns, UBS says
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    Real Estate Brokers Pocketing Up to 6% in Fees Draw Antitrust Scrutiny
    (Bloomberg) -- The lucrative broker commission system at the heart of the US residential housing market is facing unprecedented antitrust scrutiny from the Justice Department and two private class-action lawsuits that risk weakening the National Association of Realtors, the industry’s powerful lobbying group.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Warns of Long War as Biden Weighs VisitUS Pushes to Contain Isra  ( 35 min )
    Yuengling Wants in on Bud Light Fallout
    Only its "fair share."  ( 33 min )
    Gasoline Margins Dip Into Negative in US With Fuel Weakness Mounting
    (Bloomberg) -- Gasoline is so weak in the US that some refiners are losing money making it. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarXi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts to Stifle Israel Conflict: Markets WrapWhile benchmark futures reflect gasoline margins t  ( 33 min )
    Analyst Report: PNC Financial Services Group
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    Analyst Report: Citigroup Inc
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    Schwab Stock Rises Despite Profit Drop
    Shares of Charles Schwab rose about 5%, making them the best performers in the S&P 500, after the brokerage giant said bank deposit outflows were slowing. The bank had about $284 billion in deposits at the end of the third quarter, down 7% from the previous quarter. Compared with a year earlier, S  ( 23 min )
    Market Update: C, PNC
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    Ford Executive Chairman Calls for End to UAW Strike
    Bill Ford, the great-grandson of company founder Henry Ford, said the strike and escalating contract battle with the union are threatening the industry’s future.  ( 29 min )
    Banker who got into double trouble for claiming 2 meals on expenses loses UK lawsuit over firing
    A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal. A British judge has ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes during a work trip, when he had really shared them with his partner. When the company queried his expenses for a July 2022 business trip to Amsterdam, Fekete emailed: “I was on the business trip by myself and that I had 2 coffees as they were very small.”  ( 32 min )
    The Hen House Millionaire: How Kathy Vegh Hughes Built A Thriving Boutique Chicken Coop Business From The Ground Up
    Kathy Vegh Hughes is the "head hen" and founder of Cutest Coops, an Ohio-based company that offers functional yet aesthetically pleasing chicken coops. Vegh Hughes is a first-generation American who recounts how her father came from Budapest, Hungary, with a change of clothes and a ping-pong paddle but was able to develop multiple business ventures. He built companies including a ping-pong center, a pool hall and a related products retail store that eventually turned into five locations. She was  ( 33 min )
    ‘This is all bad news’: ‘Shark Tank’ mogul Kevin O’Leary looks at the commercial real estate landscape and despairs, warning of ‘chaos’ to come
    Not only does O'Leary see a "correction" coming for the office sector, but in New York it may be better "to actually tear these buildings down and rebuild.”  ( 33 min )
    Micron Stock Can Rise 22% as Chip Prices Surge, Says Analyst
    No content preview  ( 15 min )
    30-Year Mortgage Rates Down More Than a Quarter Point From a Week Ago
    Rates on 30-year mortgages edged lower Friday, ending the week more than a quarter point lower than the week before. Rates for most other loans types were mostly steady.  ( 20 min )
    Expectations 'Quite Low' For Tesla's Third Quarter With All Eyes On Upcoming Cybertruck
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    Chairman Bill Ford Says the Company Isn’t the Enemy. This Is Who Is.
    Henry Ford's great-grandson Bill Ford had a very different message for the union than what members have been hearing from UAW President Shawn Fain.  ( 23 min )
    LinkedIn lays off 668 employees in second cut this year
    Microsoft-owned LinkedIn laid off more than 500 employees, including engineers, on Monday in its second round of job cuts this year as the social media network grapples with a slowdown in hiring, a person familiar with the matter said. The cuts, which affect 2.5% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook. (Additional reporting by Yuvraj Malik and Aditya Soni in Bengaluru; Editing by Arun Koyyur)  ( 31 min )
    Stocks rally to kick off big earnings week: Stock market news today
    Efforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.  ( 38 min )
    Does a Beneficiary Designation Overrule a Will?
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    How The Rich (Legally) Avoid Paying Savings Account Taxes
    If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 34 min )
    Charles Schwab Rallies On Mixed Q3, Offers Ameritrade Client Update
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    Moderna Sticks With Its Forecast Covid-19 Vaccine Sales
    Moderna is sticking by its forecast range for 2023 Covid-19 vaccine sales, after rival [Pfizer cut the sales outlook for its own shot](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-16-2023/card/pfizer-stock-falls-on-guidance-cut-other-covid-19-vaccine-makers-also-drop-SA1rMYsazC5f  ( 25 min )
    LIVE: Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing
    Nishad Singh is the latest member of Sam Bankman-Fried’s inner circle to take the stand after pleading guilty.  ( 34 min )
    Lululemon stock surges to highest level since 2021 on plans to join S&P 500
    Lululemon will replace Activision Blizzard in the S&P.  ( 33 min )
    Moderna, BioNTech Lead Covid Sell-Off After Pfizer Slashes Its Outlook By $9 Billion
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    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take Advantage
    The automotive industry is shifting, under a combination of impulses, from internal combustion engines to electrically powered vehicles. There has been much commentary on this shift, on its efficacy and practicality, but we’ll focus here on a factor that most people probably don’t think about: lithium. Lithium-ion batteries are the beating heart of electric vehicles (EVs); Elon Musk has said that ‘lithium batteries are the new oil.’ Musk has been right too often for us to ignore him – and on top  ( 36 min )
    Microsoft Is Analyst’s ‘Highest Conviction Stock.’ Businesses Seem Interested in Copilot.
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    Rite Aid files for bankruptcy, set to close more stores
    Rite Aid filed for Chapter 11 bankruptcy on Sunday in an effort to write down debt amid shrinking sales and a lawsuit related to the opioid crisis.  ( 33 min )
    Dow Jones Rises As Netflix, Tesla Earnings Loom; Apple Falls On iPhone 15 News
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    CVS Stock Rises After Rite Aid’s Bankrupty News—and One Other Reason
    CVS stock may also be getting a boost from UnitedHealth earnings last Friday.  ( 14 min )
    Bitcoin Jumps. Traders Anticipate a Crypto ETF Approval.
    Bitcoin and other cryptocurrencies surged Monday on the rising possibility that the Securities and Exchange Commission soon will approve the first spot Bitcoin ETF.  ( 19 min )
    Novo Nordisk Buys Hypertension Drug in $1.3 Billion Deal
    Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 18 min )
    Stocks rise amid Middle East tensions: Stock market news today
    Efforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.  ( 35 min )
    Pfizer Cut Guidance. Wall Street Sizes Up the Post-Covid Landscape.
    Pfizer will take a big charge for its unused Covid-19 treatments. The U.S. will return treatments of the company’s Paxlovid drug as coronavirus vaccination rates fall.  ( 19 min )
    Rite Aid Stock Falls After Filing for Bankruptcy. It’s Closing More Stores and Bringing on a New CEO.
    Rite Aid filed for bankruptcy, said it will close more of its stores, and named Jeffrey Stein its new CEO as part of a restructuring.  ( 18 min )
    How Carl Icahn's Huge Bet Against Malls Came Unstuck
    Four years ago, legendary Wall Street investor Carl Icahn made a huge bet against the future of the U.S. shopping mall in what was called the Big Short 2.0. His wager pitted him against hu  ( 24 min )
    Climbing Mortgage Rates Are Keeping Home Buyers Away. Brace for Another Hit.
    Existing-home sales data for September, set for release this week, is expected to show that sales slumped to the lowest level in more than a decade as mortgage rates rose.  ( 22 min )
    Pfizer trims expectations for 2023 with sales of COVID-19 vaccine, treatment, weaker than thought
    Shares of Pfizer are in retreat on the first day of trading after the drug company said sales of its COVID-19 vaccine and its coronavirus treatment are in less than expected and cut revenue expectations for the year by $9 billion. Falling sales of both clipped sales in the second quarter, but Pfizer said in August that it expected a rebound in the second half of 2023. Shares of Pfizer slid nearly 3% before the opening bell Monday and Moderna, which makes a competing vaccine, slid as well.  ( 33 min )
    Schwab’s Net Interest Revenue Falls 24% From Client Cash Moves
    (Bloomberg) -- Charles Schwab Corp. reported Monday that its net interest revenue sank 24% to $2.2 billion from the year prior as clients moved cash into higher-yielding products.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechRite Aid Files for Bankruptcy as Debt Load, Opioid Risk RiseIsrael Latest: Biden, Scholz Make  ( 33 min )
    Tesla Stock: The Best Case Might Be Going Nowhere
    No content preview  ( 17 min )
    The 10 Most Shorted Stocks Include 3 Tesla Rivals, But Not TSLA
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    First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S.
    The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.  ( 33 min )
    Behind the scenes of week 2 of Sam Bankman-Fried’s trial
    Caroline Ellison testified about bribery, FTT, Thai prostitutes, and her surprisingly small equity package.  ( 34 min )
    CVS Health CFO Shawn Guertin Takes Leave Due to Family-Health Issue
    Tom Cowhey, senior vice president of corporate finance, has stepped in as interim finance chief.  ( 26 min )
    5 Things to Know Before Markets Open
    The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 19 min )
    Manchester United slides as Ratcliffe's stake bid report dents buyout hopes
    Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. Ratcliffe's bid puts the club valuation close to $6.5 billion, excluding net debt of more than $600 million, the report said, topping a rival offer from Qatar's Jassim for 100% of the Premier League club.  ( 32 min )
    Analyst Report: Blackrock Inc.
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    Analyst Report: Wells Fargo & Co.
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    Analyst Report: Exxon Mobil Corp.
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    Analyst Report: Alphabet Inc
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    Pfizer Stock Falls on Guidance Cut, Other Covid-19 Vaccine Makers Also Drop
    Stocks of Pfizer and rival Covid-19 vaccine makers fell in premarket trading after the drugmaker sliced its sales guidance. Pfizer said late Friday it was cutting its 2023 revenue guidance range by $9 bill  ( 23 min )
    UAW strike could upend GM, Ford financial strategies
    General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust profits from combustion trucks and SUVs. The mounting costs of the United Auto Workers strikes, and the eventual rich contract settlements, are putting those plans at risk, analysts said. GM will report third-quarter results Oct. 24, with Ford following on Oct. 26.  ( 33 min )
    Schwab Reveals Its Plan For Thinkorswim — What It Means For You
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    Daily Spotlight: Bull or Bear?
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: GOOGL, WFC, XOM, BLK
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    I'm 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now?
    With retirement nearly within your grasp, a few years more of working may seem daunting. But before you make any final decisions, you must make sure you can retire securely. Here, we have a profile with about $1.75 million in savings on top of Social Security. Can you retire now? It depends on factors specific […] The post I’m 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.  ( 33 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
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    Warren Buffett’s deputy says a million people want to be as successful as his boss—but the vast majority fall short because they get complacent
    Todd Combs, investment officer at Buffett’s Berkshire Hathaway, also shared advice for those starting out in their careers.  ( 34 min )
    What Defense Stocks Say About a More Violent World
    The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.  ( 28 min )
    Why you should carefully consider what Jamie Dimon just told the investing world
    It's good practice as an investor to listen to really smart people.  ( 34 min )
    Daily – Vickers Top Buyers & Sellers for 10/16/2023
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    Daily – Vickers Top Insider Picks for 10/16/2023
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    Nvidia Stock Drops. AI Chip Exports to China Are Under Threat: Report
    Nvidia stock was falling early Monday following a report the chip maker could face further restrictions on exports of its artificial-intelligence chips to China.  ( 16 min )
    If the Economy Is So Strong, Why Are Consumer Stocks Tanking?
    Over two dozen stocks in the consumer sectors of the S&P 500 set new 52-week lows in October.  ( 28 min )
    Rite Aid Files for Bankruptcy. It’s All About Opioid Lawsuits.
    Drugstore chain Rite Aid filed for bankruptcy late Sunday, said it will close more of its stores and named a new CEO as part of a restructuring.  ( 17 min )
    A Bitcoin ETF is coming to the US. Here’s what to expect when that happens
    A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.  ( 33 min )
    Shell Hits Record High on Rising Energy Prices, Strong Oil Focus
    (Bloomberg) -- Shell Plc shares hit a record high as rising energy prices and the new CEO’s stronger focus on the core oil and gas business attracted investors.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle Ea  ( 32 min )
    These Stocks Are Moving the Most Today: Pfizer, Moderna, News Corp, Rite Aid, Charles Schwab, Tesla, and More
    Pfizer slashes revenue expectations, a report says an activist has built a stake in News Corp, and Rite Aid files for bankruptcy.  ( 19 min )
    BioNTech will likely take 900 million eur write-off on Pfizer-partnered vaccines
    Germany's BioNTech on Monday said it would likely take write-downs of up to 900 million euros ($947 million) in the third quarter after its partner Pfizer reported similar charges on their COVID-19 vaccine business last week. Pfizer on Friday said it will take $900 million of inventory write-offs and other charges for the jointly developed vaccine, branded as Comirnaty, on top of much larger write-offs on Pfizer's own COVID treatment Paxlovid. BioNTech will likely "recognize the effect of Pfizer's inventory write-offs and other charges related to Comirnaty in the third quarter of 2023 up to 0.9 billion euros, which represents BioNTech's half of the gross profit-sharing agreement with Pfizer", it said in a statement.  ( 32 min )
    As global debt worries mount, is another crisis brewing?
    Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies. A surge in government borrowing costs has put high debt in the spotlight, with investors demanding increased compensation to hold long-term bonds and policymakers urging caution on public finances. Over 80% of the $10 trillion rise in global debt in the first half to a record $307 trillion came from developed economies, the Institute of International Finance says.  ( 34 min )
    Bitcoin Jumps to Near $28K as Bulls Bet on ETF Approval
    Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.  ( 32 min )
    Stock market today: World shares mostly fall, oil prices mixed as investors brace for Gaza invasion
    World shares fell and oil prices were mixed as investors braced Monday for an expected invasion by Israel in the Gaza Strip. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group Hamas. “The world now holds its breath as Israel prepares for a full-scale ground invasion of Gaza, with only unseasonal torrential rain delaying the seemingly inevitable.”  ( 34 min )
    Stock market today: Asian shares sink, oil slips as investors brace for Israeli invasion of Gaza
    Shares fell in Asia as investors braced Monday for an expected invasion by Israel in the Gaza Strip. U.S. futures edged higher while oil prices were little changed. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group.  ( 34 min )
    Top banker Mustier takes over as crisis-hit Atos chairman
    Jean-Pierre Mustier, the former CEO of Italian bank UniCredit, is taking the helm of Atos' board, the company said. He will be tasked to revive investors' trust and secure the contemplated deal with Kretinsky after a governance crisis and a series of setbacks pummeled Atos' shares, now trading at near record lows. The contemplated sale of Atos' loss-making legacy IT operations to Kretinsky is contested by several minority shareholders and some French politicians.  ( 32 min )
    As oil majors cast shale nets, Texas oilman Sheffield made Pioneer the prized catch
    Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale basin and plotted to make his then-$24 billion Pioneer Natural Resources the oilfield's biggest prize. The CEO concentrated the business, exiting less productive properties and dumping an in-house service arm, and set out a mission to make Pioneer the leanest, profitable and most desirable catch among U.S. shale independents. Sheffield emerged as a shale statesman, encouraging the U.S. to lift a 40-year ban on exports of U.S. crude oil and snatching up rivals while publicly warning of a coming consolidation.  ( 34 min )
    Climbing Mortgage Rates Are Keeping Home Buyers Away. Brace for Another Hit.
    No content preview  ( 21 min )
    How Birkenstock’s Lackluster Debut Mistimed the Shaky IPO Market
    (Bloomberg) -- Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could quash the fledgling rebound of initial public offerings.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understandin  ( 34 min )
    Major US pharmacy chain Rite Aid files for bankruptcy
    Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids. It said it had reached an agreement with its creditors on a financial restructuring plan to cut its debt and position itself for future growth and that the bankruptcy filing was part of that process.  ( 32 min )
    Rite Aid Files for US Bankruptcy, Will Close More Stores
    (Bloomberg) -- Rite Aid Corp., one of the biggest pharmacy chains in the US, filed for bankruptcy as it looks to restructure debts including opioid liabilities. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-  ( 32 min )
    Marketmind: Stocks ease in nervous Gaza wait
    A nervous watch has gripped markets as Israel prepares to roll troops into Gaza and worries mount that the conflict with Hamas will spill across borders. U.S. Secretary of State Antony Blinken was on the ground in the Middle East and President Joe Biden on the phone to help soothe tensions. The recent spike in oil prices shows just how interconnected global markets can be, fuelling inflation worries ahead of meetings over the next few weeks of the world's biggest central banks.  ( 32 min )
    Citibank analyst dismissed for lying about meals expenses claim under €100 limit
    Szabolcs Fekete had blamed ‘very small’ coffees and denied that meals had been eaten with his partner  ( 5 min )
    China Tightens Rules on Short Selling in a Bid to Boost Stocks
    (Bloomberg) -- China is tightening curbs on short-selling activities as authorities step up efforts to shore up a struggling stock market.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-Hamas WarThe Securities  ( 33 min )
    Treasuries Fall Amid Efforts to Calm Middle East: Markets Wrap
    (Bloomberg) -- US equity futures gained while Treasuries and the dollar slipped, in a sign that traders are weighing the efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East War  ( 35 min )
    How a couple lost a fortune in an alleged Swiss banking fraud
    $22mn case exposes the risks in opaque world of Zürich’s independent wealth advisers  ( 24 min )
    Drug retailer Rite Aid files for bankruptcy protection
    Rite Aid listed estimated assets and liabilities in the range of $1 billion to $10 billion in a court filing with the U.S. Bankruptcy Court for the District of New Jersey. Philadelphia, Pennsylvania-based Rite Aid operates more than 2,000 retail stores across 17 states in the U.S., although it is much smaller than its rivals such as Walgreens Boots Alliance and CVS Health. The U.S. Department of Justice in March sued Rite Aid, accusing the pharmacy chain of missing "red flags" as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids.  ( 32 min )
    Rite Aid Files for Bankruptcy, Undone by Years of Losses
    The drugstore chain faces thousands of lawsuits over opioid crisis and struggled for years with failed mergers.  ( 28 min )
    Albemarle’s $4.16 Billion Lithium Bet Scuttled by Australia’s Richest Person
    U.S. company cites difficulty of completing deal for Liontown Resources after Gina Rinehart bought large stake  ( 28 min )
    How Evergrande’s Chief Tried to Turn Things Around—and Failed
    Hui Ka Yan, once one of the world’s richest men, led China Evergrande through its rise and fall. His failures in the aftermath made the property developer’s collapse a bigger problem for the country’s slumping housing market.  ( 28 min )
    The Big Mistakes People Make in Medicare—And How to Avoid Them
    Seniors choosing Medicare plans can fall into traps leaving them with higher costs or fewer doctors than they expected. ‘I was so stupid.’  ( 24 min )
    Nervous markets eye Gaza as oil hovers above $90
    Crude oil hovered above $90 a barrel while equities were weak and the safe-haven dollar was firm on Monday as investors nervously watched for whether escalating violence in Gaza would cause the conflict to spread beyond Israel and Hamas. Israel's shekel sank to a nearly eight-year low, after the country's prime minister, Benjamin Netanyahu, vowed to "demolish Hamas" in retaliation for the rampage on Oct. 7 that killed 1,300 people in the worst attack on civilians in Israel's history. U.S. Secretary of State Antony Blinken is visiting the region, seeking to prevent further escalation.  ( 32 min )
    Lithium Giant Albemarle Abandons $4.2 Billion Liontown Deal
    (Bloomberg) -- Albemarle Corp., the world’s largest lithium producer, has walked away from its A$6.6 billion ($4.2 billion) takeover of Australian miner Liontown Resources Ltd.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes Bid to Avert Wider Israel War After Iran WarningIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarGlobal Markets Stable as US Pushes to Contain Middle East WarTh  ( 32 min )
  • Open

    Big Banks That Don't Offer Personal Loans
    Bank of America and Chase are among the banks that don’t currently offer personal loans. Learn how personal loans work and which financial institutions offer them.  ( 22 min )
    Top CD Rates Today: Leaders Are Paying 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Personal Loan Rates & Trends, Week of Oct. 16, 2023: Rates Move Upward
    Personal loan rates edged up to 21.01% this week, adding 10 basis points since last week when the average personal loan rate stood at 20.91%.  ( 18 min )
    S&P 500 Gains and Losses Today: Index Climbs to Start Week of Key Earnings Reports
    The S&P 500 rose 1.1% on Monday, Oct. 16, 2023, posting solid gains as the markets kick off a week of noteworthy earnings reports.  ( 17 min )
    Raymond James Teams with JPMorgan Chase for Tax-Management Technology
    Raymond James Financial shares gained as the firm agreed to use tax-management technology provided by JPMorgan Chase.  ( 17 min )
    Moderna Shares Slump Amid Concerns About COVID-19 Vaccine Demand
    Moderna shares fell to an almost three-year low after the biotech firm reiterated its full-year guidance but warned it couldn't yet predict COVID-19 vaccine demand.  ( 17 min )
    Three White Soldiers Candlestick Pattern in Trading Explained
    Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of a downtrend.  ( 25 min )
    Will Your Retirement Income Be Enough?
    Part of retirement planning is figuring out if your retirement income will last. Find out if your retirement savings will provide the standard of living you want.  ( 29 min )
    Bitcoin Briefly Jumps on Hopes for Spot ETF Approval
    Bitcoin's price spiked temporarily Monday after an incorrect report that Blackrock's bitcoin spot exchange-traded fund (ETF) had been approved.  ( 17 min )
    An Inside Look at ETF Construction
    What to know about how the versatile and ubiquitous investment vehicles known as exchange-traded funds, or ETFs, are created.  ( 25 min )
    Fed Official: Central Bank Should 'Hold Rates Where They Are'
    The Federal Reserve shouldn’t raise its influential fed funds rate above the 22-year high where it’s been since July, Patrick Harker, president of the Federal Reserve Bank of Philadelphia, said Monday.  ( 18 min )
    Hardship Default: What It Is and How It Works
    A hardship default is a failure to make a scheduled payment on a debt due to a financial setback.  ( 24 min )
    How to Start a Successful Dropshipping Business: A Comprehensive Guide
    Dropshipping can be a lucrative business model with minimal startup costs. Here's what you need to know to start a dropshipping business.  ( 24 min )
    Student Loan Providers with the Most Complaints in 2022
    These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau.  ( 25 min )
    Starting an Online Business: A Step-by-Step Guide
    Starting an online business can be a powerful way to launch a new product or service while reaching a wider audience. With market research, a solid business plan, a strong website, and a digital marketing strategy, you can get started in growing your company effectively.  ( 23 min )
    Nvidia Could Be Affected by Expanded US Export Controls on AI Chips to China
    Regulators reportedly want to expand the list of AI semiconductor chips that fall under export control rules, a move which could target chips Nvidia designed just to meet the export guidelines.  ( 18 min )
    Tax-Loss Harvesting: Definition and Example
    Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.  ( 23 min )
    Lululemon, Hubbell Shares Rise Ahead of Joining the S&P 500
    Lululemon and Hubbell will join the S&P 500 on Wednesday, which could can benefit the companies by boosting name recognition and accessibility of the stock.  ( 17 min )
    Markets Jump at Midday to Begin a Week of Key Corporate Earnings Reports
    U.S. equities gained at midday on Monday, Oct. 16, 2023, to start a busy week with key corporate earnings reports.  ( 16 min )
    7 Best ETF Trading Strategies for Beginners
    Exchange-traded funds (ETFs) are ideal instruments for beginning traders and investors. Learn the seven best strategies for trading ETFs.  ( 24 min )
    How the Underground Economy Affects Gross Domestic Product (GDP)
    Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).  ( 21 min )
    Agency MBS Purchase: Overview, History, Benefits
    "Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.  ( 22 min )
    Charles Schwab Beats Profit Estimates and Moves to Save $1 Billion Per Year
    Charles Schwab reported profit that beat estimates, and said it plans to cut $1 billion in incremental annual expenses.  ( 17 min )
    News Corp Shares Jump After Report Activist Investor Is Looking to Make Changes
    Activist investor Starboard Value reportedly added to its stake in News Corp, and is targeting changes to Rupert Murdoch's media company.  ( 17 min )
    30-Year Mortgage Rates Down More Than a Quarter Point From a Week Ago
    Rates on 30-year mortgages edged lower Friday, ending the week more than a quarter point lower than the week before. Rates for most other loans types were mostly steady.  ( 19 min )
    Trading Psychology: Definition, Examples, Importance in Investing
    Trading psychology refers to the emotions and mental states that help to dictate success or failure in trading securities.  ( 28 min )
    The Outlook for the Social Security Cap
    The Social Security cap increase for 2022 was 2.9% and it's 8.98% for 2023, but this won't be enough to keep Social Security from running out of funds by 2035.  ( 24 min )
    Rite Aid Files For Bankruptcy, Will Close Underperforming Stores
    Drugstore company Rite Aid filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores according to a turnaround plan agreed upon by its key creditors.  ( 17 min )
    Saving for My Wedding Is So Much Easier With a High-Yield Savings Account
    After getting engaged, I knew we needed to open a high-yield savings account to save money for the wedding. We chose Wealthfront's cash account which pays 4.80% APY.  ( 19 min )
    Medicare vs. Medicaid: What's the Difference?
    Medicare provides health coverage for older adults, while Medicaid covers healthcare costs for people with low incomes. Learn more about Medicare vs. Medicaid.  ( 27 min )
    Novo Nordisk Buys Hypertension Drug in $1.3 Billion Deal
    Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 17 min )
    Covered Earnings
    Covered earnings refer to the amount of an employee's pay that is eligible for use in the calculation of retirement benefits.  ( 22 min )
    Independent Contractor: Definition, How Taxes Work, and Example
    An independent contractor is a person or entity engaged in a work performance agreement with another entity as a non-employee.  ( 28 min )
    5 Things to Know Before Markets Open
    The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 19 min )
    Target-Date Funds vs. Lifecycle Funds
    Target-date funds and lifecycle funds are two different names for the same fund. In this article, we’ll explain why they are a popular 401(k) option.  ( 22 min )
    Are Expense Ratios Higher for Fund Options in a 401(k)?
    Expense ratios can be higher for 401(k) accounts in comparison to standard, self-directed brokerage accounts. In this article, we'll explain why.  ( 23 min )
    ABLE Accounts by State
    An ABLE account is a savings account for people with disabilities. ABLE programs are established by states, and there are differences between them.  ( 26 min )
    Can I Buy ETFs for My Roth IRA?
    It’s possible to buy ETFs for your Roth IRA. Choosing the right ones can be an inexpensive way to build a diversified retirement portfolio.  ( 23 min )
    Does an ETF Pay Out the Full Amount of Dividends From Its Stocks?
    Learn how exchange-traded funds (ETFs) distribute their dividends and the difference between qualified and non-qualified dividends.  ( 25 min )
    Eligible Expenses for an ABLE Account
    Eligible expenses for ABLE accounts are referred to as qualified disability expenses (QDEs) and cover a broad range of items and services.  ( 26 min )
    Synthetic vs Physical ETFs
    New and advanced versions of ETFs have been developed over the years, one being the synthetic ETF, which is different than a typical ETF due to its underlying holdings.  ( 21 min )
    Pay Czar Clause Definition
    A pay czar clause is a statement in a financial institutions' executive contracts that subjects its compensation terms to U.S. government approval.  ( 24 min )
    ETF Tracking Errors: Protect Your Returns
    Tracking errors tend to be small, but they can still adversely affect your returns. Learn how to protect against them.  ( 22 min )
    Mutual Funds vs. ETFs: What’s the Difference?
    Mutual funds and ETFs are both created from the concept of pooled fund investing which bundles securities together to offer investors the benefit of a diversified portfolio. Learn about some of the differences that make them attractive to investors.  ( 24 min )
    Intercontinental Exchange London Interbank Offered Rate
    ICE LIBOR was a bank-to-bank average interest rate charged for short-term loans. Once published, it was used as a benchmark for various loans and corporate debt.  ( 25 min )
    How Does Globalization Impact Comparative Advantage?
    Comparative advantage is becoming increasingly relevant due to globalization, and this has affected both advanced and developing economies.  ( 22 min )
    Current Account: Definition and What Influences It
    The current account records a country's imports and exports of goods and services, foreign investors' payments, and transfers, such as foreign aid. Learn why it matters.  ( 25 min )
    How To Pick the Best ETF
    Of the hundreds of exchange-traded funds on the market, some thrive and some fail. Learn how to pick from the best of the bunch.  ( 25 min )
    Bond Funds vs. Bond ETFs: What's the Difference?
    Understanding the differences between bond funds and bond ETFs can help investors choose the instrument that is best for building a diversified bond portfolio.  ( 23 min )
  • Open

    Raymond James Teams with JPMorgan Chase for Tax-Management Technology
    Raymond James Financial shares gained as the firm agreed to use tax-management technology provided by JPMorgan Chase.  ( 1 min )
    Moderna Shares Slump Amid Concerns About COVID-19 Vaccine Demand
    Moderna shares fell to an almost three-year low after the biotech firm reiterated its full-year guidance but warned it couldn't yet predict COVID-19 vaccine demand.  ( 1 min )
    Nvidia Could Be Affected by Expanded US Export Controls on AI Chips to China
    Regulators reportedly want to expand the list of AI semiconductor chips that fall under export control rules, a move which could target chips Nvidia designed just to meet the export guidelines.  ( 1 min )
    Lululemon, Hubbell Shares Rise Ahead of Joining the S&P 500
    Lululemon and Hubbell will join the S&P 500 on Wednesday, which could can benefit the companies by boosting name recognition and accessibility of the stock.  ( 1 min )
    Charles Schwab Beats Profit Estimates and Moves to Save $1 Billion Per Year
    Charles Schwab reported profit that beat estimates, and said it plans to cut $1 billion in incremental annual expenses.  ( 1 min )
    Rite Aid Files For Bankruptcy, Will Close Underperforming Stores
    Drugstore company Rite Aid filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores according to a turnaround plan agreed upon by its key creditors.  ( 1 min )
    Novo Nordisk Buys Hypertension Drug in $1.3 Billion Deal
    Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Index Climbs to Start Week of Key Earnings Reports
    The S&P 500 rose 1.1% on Monday, Oct. 16, 2023, posting solid gains as the markets kick off a week of noteworthy earnings reports.  ( 1 min )
    Markets Jump at Midday to Begin a Week of Key Corporate Earnings Reports
    U.S. equities gained at midday on Monday, Oct. 16, 2023, to start a busy week with key corporate earnings reports.  ( 1 min )
    News Corp Shares Jump After Report Activist Investor Is Looking to Make Changes
    Activist investor Starboard Value reportedly added to its stake in News Corp, and is targeting changes to Rupert Murdoch's media company.  ( 1 min )
    Dow Jones Today: Stock Futures and Bond Yields Rise Premarket
    U.S. stock futures and bond yields were up in premarket trading Monday as the rush to safe havens let up slightly while investors awaited developments in the Middle East.  ( 1 min )
    5 Things to Know Before Markets Open
    The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 1 min )
  • Open

    46 veehouderijen krijgen tijdelijk afvoerverbod vanwege bestrijdingsmiddel
    De Nederlandse Voedsel- en Warenautoriteit (NVWA) heeft 46 veehouderijen uit voorzorg tijdelijk stilgelegd. De veehouderijen mogen voorlopig geen dieren, mest en melk afvoeren, omdat er op de boerderijen een bestrijdingsmiddel tegen muizen is gebruikt.  ( 8 min )
    EU-landen willen nieuwe begrotingsregels maar doorbraak is nog niet in zicht
    De EU-landen komen nog niet tot een akkoord over de benodigde nieuwe begrotingsregels, denkt demissionair minister van Financiën Sigrid Kaag. Ze zegt dat de ministers van de 27 EU-landen er bij hun overleg deze week in ieder geval nog niet uitkomen.  ( 9 min )
    Nederland exporteert dit jaar minder bloemen en planten
    De Nederlandse bloemenbranche kampt met een teruggelopen export, vooral doordat consumenten in het buitenland minder geld overhouden voor een bloemetje. De oorlogssituatie in Israël helpt voor het huidige kwartaal niet mee.  ( 9 min )
    Aanvallen in Israël te zien in spelletjes: 'Even geen Angry Birds voor je kind'
    Beelden van geweld door Hamas en teksten die waarschuwen dat kinderen worden vermoord in Israël. Het is plotseling te zien in reclames in onschuldige telefoonspelletjes. "Laat kinderen even geen online spelletjes zoals Angry Birds spelen", zegt Justine Pardoen, oprichter van Bureau Jeugd en Media.  ( 11 min )
    Plan om meer statiegeldflessen in te zamelen is volgens inspectie onvoldoende
    Het verbeterplan van het Afvalfonds om meer flessen met statiegeld in te zamelen is niet goed genoeg, vindt de Inspectie Leefomgeving en Transport (ILT). De inspectie wil zien hoeveel inzamelpunten erbij komen en wil ook weten waar en wanneer.  ( 9 min )
    Fiscus stuurt eerste dwangbevelen voor bedrijven die coronaschuld niet betalen
    De fiscus heeft de eerste dwangbevelen gestuurd naar ondernemers die sinds de coronacrisis een belastingschuld hebben en deze niet betalen. In sommige gevallen zijn zelfs stappen gezet om beslag te leggen op bezittingen van de bedrijven.  ( 9 min )
    60.000 ondernemers hebben achterstand bij betalen coronaschulden
    Zo'n 60.000 ondernemers hebben een achterstand bij het betalen van hun coronaschuld aan de Belastingdienst. Dat is bijna een kwart van alle bedrijven die nog een schuld uit de coronatijd hebben openstaan bij de fiscus.  ( 8 min )
    Ook Deloitte maakt zich schuldig aan examenfraude en ziet topman vertrekken
    Ook bij accountantskantoor Deloitte is gefraudeerd met toetsen. Bestuurslid Rob Bergmans treedt terug vanwege de voorlopige resultaten van een intern onderzoek. Eerder dit jaar is dergelijke fraude al bij branchegenoot KPMG aan het licht gekomen.  ( 9 min )
    Failliet BCC sluit webshop en houdt uitverkoop in winkels
    De webshop van het failliete BCC is vanaf maandag gesloten. Daarnaast houden de fysieke winkels van de elektronicaketen die nog wel open zijn vanaf maandag een faillissementsuitverkoop. Daarbij geeft het bedrijf hoge kortingen.  ( 8 min )
    Hypotheekrentes blijven oplopen door hardnekkige inflatie
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    Huisbazen klagen Staat aan om maatregel waardoor ze minder huur vangen
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    Honderden huisbazen slepen Staat voor rechter om beperken huurprijzen
    Een groep woningverhuurders heeft de Nederlandse Staat gedagvaard. Ze zijn het oneens met regels die de opbrengst van verhuur aan banden leggen en willen een schadevergoeding.  ( 9 min )
    Met Oeigoerse dwangarbeid gemaakte vis ligt ook in Nederlandse schappen
    Nederlandse supermarkten hebben vis verkocht die is gemaakt met Chinese dwangarbeid. Daarbij gaat het om producten van het Britse bedrijf Nomad Foods, dat onder meer het merk Iglo op de markt brengt. Dat blijkt uit uitgebreid onderzoek van het journalistieke platform The Outlaw Ocean.  ( 11 min )
    Bedrijven stoppen steeds vaker, ook het aantal faillissementen stijgt
    Zo'n 29.000 bedrijven hebben in de afgelopen drie maanden besloten te stoppen. Dat is 7 procent meer dan een jaar eerder. Uit cijfers van de Kamer van Koophandel (KVK) blijkt ook dat het aantal faillissementen bijna is verdubbeld.  ( 9 min )
    Steeds meer bedrijven stoppen of gaan failliet
    Zo'n 29.000 bedrijven hebben in de afgelopen drie maanden besloten te stoppen. Dat is 7 procent meer dan een jaar eerder. Uit cijfers van de Kamer van Koophandel (KVK) blijkt ook dat het aantal faillissementen bijna is verdubbeld.  ( 9 min )
    Met Oeigoerse dwangarbeid gemaakte vis in Nederlandse schappen
    Nederlandse supermarkten hebben vis verkocht die is gemaakt met Chinese dwangarbeid. Daarbij gaat het om producten van het Britse bedrijf Nomad Foods, dat onder meer het merk Iglo op de markt brengt. Dat blijkt uit uitgebreid onderzoek van het journalistieke platform The Outlaw Ocean.  ( 10 min )

  • Open

    Seeking up to 11% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    The headwinds are piling up on our economic horizon, just a few blurs of cloud right now, at the edge of the horizon – and we just don’t know what’s coming next. The headwinds include factors we all know about: persistent inflation, the Fed’s higher interest rates and tighter monetary policy, the tighter business and consumer credit environment, and the fast-rising government debt which at $33.57 trillion already measures 103% of the total GDP. We’ve been reading about these headwinds for severa  ( 35 min )
    Charles Schwab Earnings: What Its Third Quarter Report May Show
    After a rough year, shareholders will want to see signs that the company’s woes are receding in the rearview mirror.  ( 22 min )
    Freight recession unlike any other in history
    The proliferation of freight brokerages is giving truckers a lifeline. The post Freight recession unlike any other in history appeared first on FreightWaves.  ( 36 min )
    Stocks Are Poised to Rise Monday
    This week includes earnings reports from Tesla, Netflix, and Goldman Sachs.  ( 17 min )
    Oil falls more that $1 a barrel on Venezuela deal hopes
    HOUSTON (Reuters) -Oil futures fell on Monday on reports the U.S. could soon reach a deal to ease sanctions on Venezuela if a presidential election date is set in that country, while traders see the Israel-Hamas conflict not affecting crude supplies in the short term. Brent futures were down 79 cents, or 0.87%, at $90.10 a barrel at 12:01 p.m. CDT (1701 GMT). U.S. West Texas Intermediate (WTI) crude fell by 0.53 cents, or 0.6%, to $87.16 a barrel.  ( 32 min )
    Living Paycheck to Paycheck Is Common, Even Among Those Who Make More Than $100,000
    While most low earners spend down their paychecks each month, about half of people making more than $100,000 a year also run out of money.  ( 24 min )
    Tesla, Goldman, Netflix, Lockheed, TSMC, and More Stocks to Watch This Week
    More than 50 S&P 500 companies are set to report this week including Tesla, Netflix, TSMC, and Goldman Sachs.  ( 23 min )
    Step Aside, Banks. Tesla and Netflix Earnings Are the Real Tests.
    The Magnificent Eight punch well above their fundamental weight, thanks to premium valuation multiples.  ( 20 min )
    Bank of America Is the Problem Child of Big Banks. Here’s How It Can Right the Ship.
    It wasn’t that long ago that BofA seemed poised to become America’s most lucrative bank. A big bet on bonds changed all that.  ( 23 min )
    How These Overlooked Bonds Can Help You Beat Inflation
    Investors will do better in Treasury inflation-protected securities, or TIPS, versus regular Treasury bonds if inflation runs at more than 2.35%, which seems likely.  ( 23 min )
    Default risks loom for nearly $2 trillion of junk-rated debt as US companies hit with higher interest rates
    No content preview
    Insurance Stocks Look Attractive Now. Metlife and 5 Other to Consider.
    Insurers have been hit by a one-two punch of natural disasters and lackluster financial markets. But there’s a silver lining: the profits and surpluses that come with rising premiums.  ( 68 min )
    Time Is Running Out for the ‘Year of the Bond’ as Losses Mount
    (Bloomberg) -- The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are coming to terms with one of the toughest years ever.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes Bid to Avert Wider Israel War After Iran WarningIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusLacy Hunt, Hoising  ( 33 min )
    Here's why gas prices are down, even in pricey California, as Israel-Hamas war escalates
    Gas prices across the U.S. dropped, even in notoriously expensive California, shrugging off escalating Mideast tensions and oil prices for now.  ( 32 min )
    Charlie Munger is a fraction as wealthy as Warren Buffett. He'd be worth over $10 billion if he kept all of his Berkshire Hathaway stock.
    No content preview
    Tesla, Goldman, Netflix, Lockheed, TSMC, and More Stocks to Watch This Week
    Third-quarter earnings season picks up with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, Netflix, TSMC, Johnson & Johnson, and Lockheed Martin.  ( 23 min )
    How Much Can I Make on Social Security?
    You can get Social Security benefits and work at the same time. But if you haven't reached full retirement age, your benefits could be reduced.  ( 29 min )
    The Right Time to Change From Mutual Funds to ETFS
    Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 23 min )
    Student loan borrowers will get a hand in saving for retirement next year
    The SECURE 2.0 Act will allow employers to provide 401(k), 403(b), or SIMPLE IRA matching for qualified student loan payments.  ( 37 min )
    GM and Unifor Deal Details Are Out. Don’t Blame Canada for UAW’s Log Jam.
    GM and Unifor Deal Details Are Out. You Can't Blame Canada For The UAW Log Jam.  ( 21 min )
    Earnings Calendar Spotlight: Tesla Holds Up, But Sellers Knock Netflix Lower Ahead Of Q3 Results
    No content preview
    ExxonMobil's $60 billion Pioneer deal signals era of 'extreme consolidation' for oil industry
    ExxonMobil and Pioneer's $60 billion merger will make Exxon the biggest shale player in the region.  ( 34 min )
    Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
    (Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to U  ( 34 min )
    Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
    (Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech.Most Read from BloombergIsrael Latest: Egypt Says Response Has Exceeded Self-DefenseIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusBlinken to Visit Israel Again as Lebanon  ( 34 min )
    IRS Rule Change Should Have You Rethinking How You Leave Assets to Heirs
    Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 33 min )
    The IRS Is Cracking Down on These High-Income Earners. Are You One of Them?
    The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Many of Us Are Living Paycheck to Paycheck. That’s Bad for the Economy.
    No content preview  ( 23 min )
    Tesla, Netflix, and banks highlight earnings rush: The week ahead
    A slew of corporate earnings will provide investors with a check on the health of corporate America in the week ahead.  ( 36 min )
    Global Markets Brace for More Volatility Amid Israel Conflict
    (Bloomberg) -- Traders are preparing for another week of wild price swings as continuing conflict in the Middle East fuels demand for haven assets and prompts investors to reconsider their views on global interest rates. Most Read from BloombergIsrael Latest: US Says It’s Warned Iran in Back-Channel TalksIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusIsrael Latest: Is  ( 33 min )
    What Google’s antitrust trial means for your search habits
    If government regulators prevail against Google in the biggest U.S. antitrust trial in a quarter century, it's likely to unleash drastic changes that will undermine the dominance of a search engine that defines the internet for billions of people. As the 10-week trial probing Google's business practices nears its midway point, it's still too early to tell if U.S. District Judge Amit Mehta will side with the Justice Department and try to handcuff one of the world's most dominant tech companies. If Mehta rules that Google has been running an illegal monopoly in search, the punishment could open up new online avenues for consumers and businesses to explore in pursuit of information, entertainment and commerce.  ( 35 min )
    Microsoft closes the deal; Arm has Wall Street salivating: Weekly tech roundup
    By Louis Juricic and Sarina Isaacs  ( 34 min )
    An IPO Pro Buys More Palantir, Rivian, and Kenvue. It Sold Li Auto.
    Renaissance Capital LLC’s passive IPO-focused ETFs loaded up on Palantir, Rivian, and Kenvue stock, and exited an investment in Li Auto in the third quarter.  ( 20 min )
    Big banks are benefiting from higher rates. Their customers aren't.
    Earnings at giant banks rose as high interest rates let them rake in more income. But loan write-offs also increased, showing that some borrowers are struggling.  ( 35 min )
    A Supreme Court dispute over a $15,000 IRS bill may be aimed at a never-enacted tax on billionaires
    Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they contend is unconstitutional. The couple from Redmond, Washington, claim they had to pay the money because of their investment in an Indian company from which, as Charles Moore, 62, said in a sworn statement, they “have never received a distribution, dividend, or other payment.” The Moores are the public face of a high court case backed by business and conservative political interests that could call into question other parts of the U.S. tax code and rule out a much-discussed but never-enacted tax on wealth.  ( 34 min )
    4 Tips to Help Aging Parents Manage Their Finances
    Older relatives often have let their finances fall into disarray by the time you step in. Here's a primer on how to help right things without angering them.  ( 24 min )
    Borderlands: Mexico top US trade partner in August, Laredo No. 1 gateway
    This week in Borderlands: Mexico remains top US trade partner in August, Laredo No. 1 gateway; Eden Green begins $40M vertical farming expansion near Dallas; Production, exports of Mexican-built trucks fall for second straight month; and Port of Brownsville receives $11.5M to overhaul cargo dock. The post Borderlands: Mexico top US trade partner in August, Laredo No. 1 gateway appeared first on FreightWaves.  ( 34 min )
    Trading Stocks Loses Its Thrill: ‘I Would Get Burned’
    Individual investors are dialing back on risks across markets.  ( 27 min )
    China’s Economy Is in Search of More Stable Footing
    (Bloomberg) -- China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence.Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots  ( 36 min )
    These Companies Are Being Squeezed by Higher Rates
    Surging interest expenses are wiping out profits for some issuers of risky loans.  ( 27 min )
    Automakers Have Big Hopes for EVs; Buyers Aren’t Cooperating
    Sales growth has slowed in the U.S. as car companies are finding a limited pool of consumers willing to pay more for these models.  ( 27 min )
    Tesla hits major battery-production milestone: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla reaches a production milestone; OSHA violations plague GM plant; and VinFast buys a battery company.  ( 33 min )
    Eli Lilly: One Chart Explains why Shares are Surging
    Eli Lilly (LLY) shares are reaching new heights, up 67% in 2023. Consistent buy pressure is lifting the stock.  ( 32 min )
    Vertex Pharmaceuticals: One Chart Explains the Mega Rally
    Vertex Pharmaceuticals (VRTX) shares are climbing, up 28% in 2023. Consistent buy pressure is lifting the shares.  ( 32 min )
    Novo Nordisk: Relentless Inflows Send Shares Soaring
    Novo Nordisk (NVO) shares are surging, up 51% in 2023. While the company recently raised its guidance due to Ozempic and Wegovy, mega demand for the stock is powering the surge.  ( 32 min )
    Energy & precious metals - weekly review and outlook
    The first is how much the conflict in the Middle East could escalate and what it might mean for supplies in the world's top oil producing region. Crude prices got to finish the just-ended week up as much as 7%, after somewhat of a roller-coaster. An initial 4% gain on Monday from concerns over the latest Middle East war was pared to just 1% by Thursday from data showing the worst weekly US crude build in eight months, on top of record production.  ( 37 min )
    South Korea to fine two Hong Kong banks for naked short-selling
    South Korea's stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would likely result in record fines. The two unnamed investment banks made naked short-selling transactions of a total 40 billion won ($29.58 million) and 16 billion won, respectively, the Financial Supervisory Service (FSS) said in a statement. Naked short selling of stocks - in which an investor short sells shares without first borrowing them or determining they can be borrowed - is banned by the Capital Markets Act in South Korea.  ( 31 min )
    Global markets brace for fallout as Middle East tensions rise
    Economists and market strategists are anticipating further ripple effects globally from the Middle East conflict, watching to see if the situation draws in other countries with the potential to increasingly drive up oil prices and send capital flowing to safehavens. Israel was preparing on Saturday to launch a ground assault in the Hamas-controlled Gaza Strip, after telling Palestinians living in the territory to flee south. The Israeli national security adviser, meanwhile, warned Lebanese militant group Hezbollah not to start a war on a second front.  ( 32 min )
    Cash Is the New Coupon
    Is a 3% cash discount enough to make people ditch credit cards and payment apps?  ( 27 min )
  • Open

    Accounting Rate of Return (ARR): Definition, How to Calculate, and Example
    The accounting rate of return (ARR) is a formula that measures the net profit, or return, expected on an investment compared to the initial cost.  ( 26 min )
    Custom Basket Exchange-Traded Fund (ETF) Definition
    Custom basket ETFs are exchange-traded funds taking advantage of the SEC’s “ETF Rule” passed in 2019. Learn more here.  ( 22 min )
    Benefits of a Covered Call ETF
    ETFs offer more convenient ways to access the many benefits of covered call strategies, such as lower volatility.  ( 22 min )
    History of the Cost of Living
    Learn the relationship among the cost of living, the government’s Consumer Price Index, inflation, and Americans’ household incomes.  ( 31 min )
    Index Fund vs. ETF: What's the Difference?
    Learn about the difference between an index fund and an exchange-traded fund, or ETF, and how index fund investing compares to value investing.  ( 22 min )
    Is Hedging With ETF Indexes a Relevant Strategy?
    Discover four viable hedging strategies with index-based ETFs, including the use of inverse and leveraged funds, as well as call writing and buying puts.  ( 23 min )
    Medicare Changes 2024
    Medicare changes for 2024 include big changes for Part D, and higher premiums and deductibles. Learn about changes.  ( 22 min )
    Are You Saving Too Much for Retirement?
    Can some experts possibly be right about Americans saving too much for our own good?  ( 26 min )
    Net Foreign Factor Income (NFFI) Definition, Equation, Importance
    Net foreign factor income (NFFI) is the difference between a nation’s gross national product (GNP) and gross domestic product (GDP).  ( 20 min )
    Communism vs. Socialism: What's the Difference?
    Communism and socialism are political and economic systems that are historically related but often confused with each other. Here's how they compare.  ( 27 min )
    Old-Age and Survivors Insurance (OASI) Trust Fund Overview
    The Old-Age and Survivors Insurance Trust Fund is a U.S. Treasury account that pays Social Security benefits to retired workers, their survivors, and eligible children.  ( 25 min )
    How ETF Arbitrage Works
    ETF arbitrage brings the market price of ETFs back in line with net asset values when divergence happens. Learn how it works.  ( 24 min )
    Why Negative Interest Rates Are Still Not Working in Japan
    Japan's negative interest rate policy has failed to generate economic growth, but the central bank keeps trying to print up prosperity.  ( 23 min )
    Medicare Open Enrollment Guide
    Medicare open enrollment, Oct. 15–Dec. 7, is an opportunity to make changes to your Medicare coverage. Learn how open enrollment for Medicare works.  ( 26 min )
    Bitcoin's Price History
    Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.  ( 27 min )
    How Much Can I Make on Social Security?
    You can get Social Security benefits and work at the same time. But if you haven't reached full retirement age, your benefits could be reduced.  ( 29 min )
    The Right Time to Change From Mutual Funds to ETFS
    Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 23 min )
    Medicare Part D: What It is, How It Works, Example
    Learn more about Medicare Part D, which is a prescription drug benefit program offered as part of Medicare.  ( 26 min )
    How To Evaluate ETF Performance
    Learn how to evaluate the performance of an ETF, whether it is before the purchase or after you have held the investment for many years.  ( 20 min )
    Property, Plant, and Equipment (PP&E) Definition in Accounting
    Property, plant, and equipment (PP&E) are long-term assets vital to business operations and not easily converted into cash.  ( 26 min )
    What Is Medicare? How It Works, Who Qualifies, and How to Enroll
    Medicare is a U.S. government program providing health insurance mostly to people 65 and older.  ( 30 min )
    Will Baby Boomers Bankrupt Social Security?
    The massive Baby Boomer generation is now retiring in droves. Will they bankrupt the Social Security system?  ( 25 min )
    Kevin Hart's Net Worth—His Tequila Is Now Partnered with Philadelphia Eagles
    Actor and comedian Kevin Hart has made millions from his comedy career, business ventures, and investments, giving him a net worth of about $450 million.  ( 20 min )
    New Class of Global Elites Emerges with Investable Assets of More Than $100 Million
    The number of 'centi-millionaires' worldwide has more than doubled in the last 20 years, with 38% of them living in the U.S. and 775 based in New York City.  ( 18 min )
    Canada Revenue Agency (CRA): What it Means, How it Works
    The Canada Revenue Agency (CRA) or Agence du revenu du Canada is a federal agency that collects taxes and administers tax laws for the Canadian government.  ( 21 min )
    Understanding The Currency Board vs Central Bank
    Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.  ( 25 min )
    Using ETFs For Small Periodic Investments
    ETFs have lower costs than index funds, but the cost to buy and sell can be more expensive.  ( 22 min )
  • Open

    TikTok zegt actie te hebben ondernomen tegen nepnieuws rond conflict Israël
    TikTok heeft naar eigen zeggen actie ondernomen bij het bestrijden van nepnieuws en haatzaaiende berichten rond het conflict in Israël. De videoapp reageert daarmee op een eis van Eurocommissaris Thierry Breton.  ( 8 min )
    NU+ | Studieschuld sneller aflossen nu rente omhoogschiet? 'Het blijft een gok'
    De rente op studieschulden is met ruim 2,5 procent veel hoger dan de afgelopen jaren. Is dat reden voor extra haast met aflossen ? Of loont het om juist langzaamaan te doen? Experts wijzen op dat je gevoel het belangrijkst is.  ( 9 min )
    Vertrekkend bestuurslid Wereldbank Davidse ziet andere en nieuwe wind waaien
    De Wereldbank is onder de nieuwe president Ajay Banga een nieuwe richting ingeslagen. Die indruk heeft vertrekkend Wereldbank-bewindvoerder Koen Davidse.  ( 10 min )
    FNV organiseert landelijke stakingsdag voor betere cao in houthandel
    Vakbond FNV organiseert dinsdag 24 oktober een landelijke stakingsdag in de houthandel voor een nieuwe en betere cao. De bond roept verder voor komende maandag op tot werkonderbrekingen in Zuid-Holland en Zeeland.  ( 8 min )
    Praat Mee | Inruilen of hergebruiken: hoe ga jij om met het wegwerpbekerverbod?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de wegwerpbeker die per januari verboden is. Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen. Oplossingen zijn mogelijk inruilbekers, meer vaatwassers en gratis herbruikbare flesjes. Wat lijkt jou een goed alternatief? Of neem je nu al een herbruikbare fles of mok mee als je de deur uitgaat?  ( 7 min )
    NU+ | Onderzoek moet aantonen hoe radioactief het water rond Fukushima is
    Vandaag start een internationaal onderzoek naar het zeewater en de grond rondom Fukushima. Japan loost hier sinds afgelopen zomer afvalwater van de verwoeste kerncentrale in de Stille Oceaan. En daar is niet iedereen over te spreken.  ( 9 min )
    Praat Mee | Inruilen of hergebruiken: wat is jouw oplossing voor verbod wegwerpbeker?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de wegwerpbeker die per januari verboden is. Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen. Oplossingen zijn mogelijk inruilbekers, meer vaatwassers en gratis herbruikbare flesjes. Wat lijkt jou een goed alternatief? Of neem je nu al een herbruikbare fles of mok mee als je de deur uitgaat?  ( 7 min )
    The Outlaw Ocean | China schendt op grote schaal mensenrechten in de visserij
    China schendt op grote schaal mensenrechten in de visserij-industrie. Personeel aan boord van vissersboten en in de verwerkingsfabrieken, onder wie Oeigoeren en Noord-Koreanen, heeft te maken met mensenhandel, geweld en dwangarbeid. Daarbij vallen zelfs doden, blijkt uit onderzoek van journalisten van The Outlaw Ocean Project.  ( 10 min )
    Gestolen mokken en volle vaatwassers: verbod op wegwerpbeker is een uitdaging
    Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen als die per januari verboden is, blijkt uit een rondgang van NU.nl. Onderwijsinstellingen hebben juist al wat ervaring opgedaan: "De mokkendiefstal neemt af."  ( 13 min )
    The Outlaw Ocean | China schendt op grote schaal mensenrechten in de visserij, tot de dood aan toe
    China schendt op grote schaal mensenrechten in de visserij-industrie. Personeel aan boord van vissersboten en in de verwerkingsfabrieken, onder wie Oeigoeren en Noord-Koreanen, heeft te maken met mensenhandel, geweld en dwangarbeid. Daarbij vallen zelfs doden, blijkt uit onderzoek van journalisten van The Outlaw Ocean Project.  ( 10 min )

  • Open

    Giving Tuesday Definition
    Giving Tuesday is a global initiative that encourages people to donate their time and money to charitable causes on the Tuesday after Thanksgiving.  ( 24 min )
    Genuine Progress Indicator (GPI): Definition, Formula, Vs. GDP
    A genuine progress indicator (GPI) is a metric that measures the economic growth of a country. It is an alternative to gross domestic product (GDP).  ( 24 min )
    Exchange Traded Product (ETP): Definition, Types, and Example
    Exchange traded products (ETPs) are types of securities that track underlying securities, an index, or other financial instruments. ETPs trade on exchanges similar to stocks.  ( 22 min )
    International ETF: What It is, How It Works, Example
    An international exchange-traded fund (ETF) is any ETF that invests in foreign-based securities.  ( 22 min )
    Euro ETF Definition
    A euro ETF is an exchange-traded fund (ETF) that invests in the euro, either directly or through euro-denominated short-term debt.  ( 20 min )
    More Gen Z Women Investing Could Help Narrow Gender Gap in Retirement Savings
    Women are investing and saving for retirement at higher rates, with younger generations of women leading recent gains, Fidelity found.  ( 18 min )
    Exchange-Traded Fund (ETF) Explanation With Pros and Cons
    An exchange-traded fund (ETF) is a basket of securities that tracks an underlying index. ETFs can contain investments such as stocks and bonds.  ( 39 min )
    Earnings Miss of the Week: Domino's Revenue Hit by Inflation, Delivery Fees
    Despite beating on profit, Domino's Pizza (DPZ) posted weaker-than-expected revenue for its third quarter as inflation-weary customers pulled back on ordering pizza.  ( 18 min )
    What Is the Law of Demand in Economics, and How Does It Work?
    The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.  ( 28 min )
    Lessons From the Financial Crisis: Neel Kashkari
    A decade after the financial crisis, Neel Kashkari, the man who oversaw TARP, answers questions on lessons learned.  ( 23 min )
    Handelsgesetzbuch (HGB): The Commercial Code of Germany
    Handelsgesetzbuch is a law that governs the commercial code for German companies and includes regulations on the preparation of financial statements.  ( 23 min )
    How and Why Interest Rates Affect Futures
    There are at least four factors that affect change in futures prices, including risk free-interest rates, particularly in a no-arbitrage environment.  ( 25 min )
    The Conference Board (CB): What it Means, How it Works
    The Conference Board (CB) is a not-for-profit research organization which distributes vital economic information to its peer-to-peer business members.  ( 28 min )
  • Open

    Shares of luxury brands are tumbling in a sign consumers' high-end spending spree is over
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    Treasury bond auctions have been ugly lately, and weak demand could be a 'canary in the coal mine'
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    Insurance Stocks Are on a Roll. 6 Picks for the Rally.
    Insurers have been hit by a one-two punch of natural disasters and lackluster financial markets. But there’s a silver lining: the profits and surpluses that come with rising premiums.  ( 68 min )
    Turbulent Bond Market Offers a Fleeting Glimpse of Cycle’s End
    (Bloomberg) -- Bond traders got a glimpse this week of what the eventual end of the Federal Reserve’s hiking cycle may look like.Most Read from BloombergIsrael Latest: Military Says It’s Preparing Wide Assault on GazaIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots of the Israel-Hamas WarWider War in Middle East Could Tip the World Economy Into RecessionAmid volatile trading conditi  ( 33 min )
    Nvidia, one of tech’s hottest companies, is fine with remote work—and is ignoring the return-to-office trend
    Nvidia offers luxurious office spaces in which employees can gather, but there's no return-to-office mandate.  ( 34 min )
    US labor board says X illegally fired a worker in retaliation for critical tweet
    The National Labor Relations Board alleges X retaliated against software engineer Yao Yue after she posted messages telling other workers to let Musk fire them rather than resigning, in wake of the company's new return-to-office policy.  ( 31 min )
    Housing has never been this unaffordable - and home prices are only going to keep rising, Goldman Sachs says
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    Ineos tells Starmer to reverse ‘no new North Sea gas or oil’ pledge or risk future of Grangemouth
    The refinery that supplies much of Scotland and northern England’s petrol and diesel could be at risk of cutbacks or even closure if Labour pushes ahead with plans to ban new oil and gas projects in the North Sea, its owners have warned.  ( 34 min )
    Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire?
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    Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved
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    Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?'
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    Ask an Advisor: I Put $300 in My 457(b) Every Payday and Will Have an Extra $1,000 Per Month After Paying Off My Car. Should I Save or Invest the Money?
    No content preview
    Do I Have to Pay Taxes on a Trust Inheritance?
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    Can I Make More Money If I Roll My 401(k) Into An Annuity?
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    Vanguard Answers: What's the Ideal Tipping Point For My Roth Conversion?
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    Do I Pay Taxes Automatically If I Inherit Property?
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    Can I Switch a Social Security Benefit to a Spousal Benefit?
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    AI Stocks AVGO And ANET Lead 5 Resilient Names Near Buy Points
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    Gas Prices Fueled Summer Inflation. That Is About to Change.
    Prices at the pump are tumbling, even as war rages in the Middle East.  ( 27 min )
    After More Than Four Years, Has 5G Lived Up to Expectations?
    Hundreds of billions of dollars have been invested worldwide. Here’s what you need to know about how much the technology has, and hasn’t, changed things.  ( 29 min )
    End of Corporate America’s Profit Recession Comes With Concerns
    (Bloomberg) -- Investors are growing more confident that a year-long slump in profits for Corporate America is about to end. Yet a fragile economic outlook, wary consumers and the highest interest rates in 16 years mean any relief for stocks could be short-lived.Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Hel  ( 35 min )
    Grayscale’s Bitcoin ETF Push: What’s Next After Court Ruling Stands
    (Bloomberg) -- With the Securities and Exchange Commission opting against appealing a ruling that paves the way for Grayscale Investments LLC to convert its Bitcoin trust into an exchange-traded fund, analysts are now trying to gauge how the process may unfold from here. Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican  ( 32 min )
    Fed Officials Prepare to Extend Rate Pause Without Saying Hikes Are Done
    (Bloomberg) -- Federal Reserve officials look set to hold interest rates steady for the second time in a row next month — but they’re far from calling an end to their tightening campaign.Most Read from BloombergIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Blinken Says Must Stop Conflict From SpreadingWider War in Middle East Could Tip the World Economy Into RecessionNYC Boosts Security Ahead of ‘All O  ( 34 min )
    Unretiring: More retirees are going back to work because they want to — or need to
    Around 7% of retirees are looking for work in retirement, while 20% say they’re already working part time or full time.  ( 36 min )
    Turning the clock back on mortgage rates? New platform says it can
    Mortgage assumption allows the seller of a home to pass along to the buyer an existing home loan, negotiated earlier at low interest rates.  ( 32 min )
    Dollar General Might Get Shortchanged After CEO Encore
    There is a long history of legendary CEO returns, but more companies have regretted them than rejoiced.  ( 27 min )
    Homebuyers are putting more money down than ever before despite difficult housing conditions
    The US median down payment increased 11.3% year over year in the third quarter to $30,434, the highest in a decade.  ( 34 min )
    Chipotle's growth prospects remain strong, even with higher menu prices
    Chipotle's long-term growth plans are still attractive to the street.  ( 34 min )
    “Fog on the horizon”: CEOs brace for recession
    Wall Street’s great debate of 2023 — whether the U.S. economy is headed for a recession — is resurfacing amid heightened geopolitical risk, unabating inflationary pressures, and surging bond yields.  ( 32 min )
    The Trading Tycoon Steering Russia’s Global Oil Business
    (Bloomberg) -- Igor Sechin, the boss of Russia’s state oil company and longtime associate of Vladimir Putin, celebrated New Year’s Eve on a yacht anchored off Palm Jumeirah, the man-made Dubai island dotted with oligarch-friendly beachfront villas. Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots of th  ( 40 min )
    IRS Steps Up Audits of Partnerships, Wealthy Individuals
    The agency is targeting partnerships with more than $10 million in income and individuals with more than $1 million in income and $250,000 of tax debt.  ( 24 min )
    India maintains basmati rice floor price as grain-export curbs continue
    India said on Saturday it will maintain the floor price for basmati rice exports until further notice, according to a government order, as the world’s biggest exporter continues to curb overseas shipments of the grain. India imposed a $1,200 per ton minimum export price (MEP) on basmati rice shipments in August to calm local prices ahead of key state elections. A government order on Saturday said it would maintain the MEP, initially in place until Sunday, until further notice.  ( 31 min )
    Carl Icahn Bet on the ‘Big Short 2.0.’ Now He Says the Game Was Rigged.
    A wager against U.S. shopping malls looked like a sure thing but hasn’t worked out that way.  ( 28 min )
    UAW Strikes: How does autoworker union pay compare to other hourly jobs?
    UAW workers are striking for better pay, among other benefits. Here's a look at how UAW hourly wages compare with other workers in striking states.  ( 33 min )
    Ferrari to accept crypto as payment for its cars in the US
    Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters. The vast majority of blue-chip companies have steered clear of crypto as the volatility of bitcoin and other tokens renders them impractical for commerce. Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment.  ( 33 min )
    A Soft Landing in the U.S. Could Be Hard for Everyone Else
    Conflict in the Middle East, surging global interest rates and elevated oil prices threaten a fragile recovery.  ( 28 min )
    Exxon CEO’s $60 Billion Vindication
    Darren Woods didn’t waver in his full-throttled belief in oil. Now his one-time doubters back his $60 billion deal for shale giant Pioneer.  ( 25 min )
    Bankruptcies are surging - and Fed rate hikes are to blame, economist says
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    Dozens join lawsuit alleging Apple AirTags are 'weapon of choice' of stalkers, abusers
    Apple Inc. is facing an expanded lawsuit with more than three dozen victims alleging that Apple's AirTag the "weapon of choice" for stalkers and abusers.  ( 33 min )
    Big-Bank Profits May Be Higher, but for How Much Longer?
    Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.  ( 27 min )
    Why stocks could be primed for a Santa Claus rally as resurgent earnings and falling rents push inflation down
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    Dow Jones Futures: Market Rally Breaks Expectations, What To Do Now; Tesla Earnings Due
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    Lululemon Athletica To Join S&P 500 Index; LULU Stock Flashes Buy Signal
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  • Open

    Overheid dwingt boeren aardappels te oogsten: 'Vaste deadlines werken niet'
    Aardappeltelers op bepaalde typen grond (zand en löss) moeten zondag toch echt hun aardappels hebben geoogst, willen ze strafmaatregelen voorkomen. Veel boeren zeggen dat hun gewassen meer tijd nodig hebben.  ( 10 min )
    NU+ | Ineens je baan en inkomen kwijt door faillissement? Dit kan je doen
    Het aantal bedrijven dat failliet is gegaan is afgelopen jaar flink toegenomen. Voor werknemers zorgt een faillissement voor een onzekere tijd. Ze verliezen hun baan en daarmee hun inkomen. Wat zijn hun rechten?  ( 10 min )
    KPN zet telefoonlijn uit, huishoudens tot 30 procent duurder uit voor internet
    Heb je nu een DSL-internetabonnement van bijvoorbeeld Youfone of Odido en legt KPN glasvezel bij je aan? Dan ben je binnenkort waarschijnlijk een stuk duurder uit. De goedkopere internetabonnementen zijn niet verkrijgbaar op het glasvezelnetwerk van KPN.  ( 10 min )
    NU+ | Glasvezel is in de ene wijk duurder dan in de andere, hoe komt dat?
    Steeds meer woningen in Nederland zijn voor internet, televisie en telefonie aangesloten op een glasvezelnetwerk. Maar er zijn regionale prijsverschillen voor glasvezelabonnementen. Wat je voor je abonnement betaalt, is afhankelijk van de glasvezelkabel die naar jouw huis is aangelegd.  ( 10 min )
    EU heeft geen plannen om handel met China volledig stop te zetten
    De Europese Unie is niet van plan zich economisch los te maken van China. Brussel wil minder afhankelijk worden van het Aziatische land, maar de handelsbelangen zijn te groot, zei EU-buitenlandchef Josep Borrell.  ( 9 min )
    Amerikanen kunnen Ferrari nu betalen met cryptomunten, Europa volgt snel
    Ferrari accepteert vanaf nu cryptomunten als betaalmiddel bij de verkoop van zijn luxe sportauto's. Voortaan kunnen klanten in de Verenigde Staten met de digitale munten betalen. Begin volgend jaar zou dit ook in Europese landen mogelijk moeten zijn.  ( 9 min )
    NU+ | Werkgever failliet? Hier heb je recht op als werknemer
    Het aantal bedrijven dat failliet is gegaan is afgelopen jaar flink toegenomen. Voor werknemers zorgt een faillissement voor een onzekere tijd. Ze verliezen hun baan en daarmee hun inkomen. Wat zijn hun rechten?  ( 9 min )
    DNB-baas Knot ziet einde van periode met steeds harder stijgende lonen
    Aan de periode waarin de lonen alsmaar harder omhooggaan lijkt een einde gekomen. President Klaas Knot van De Nederlandsche Bank ziet de "eerste signalen van afnemende loondruk".  ( 10 min )
    Praat Mee | Hoeveel wil jij maximaal betalen voor het retour sturen van kleding?
    Sinds Wehkamp 50 cent per geretourneerd artikel vraagt, krijgt de webwinkel vijfduizend producten per dag minder terug. Wehkamp gaat ook klanten stimuleren om een bestelling bij een afhaalpunt van DHL op te halen door 50 cent te rekenen voor bezorging thuis. Hoeveel geld heb jij er voor over om je bestelling retour te sturen? En zou jij je pakketje bij een afhaalpunt laten leveren als thuisbezorgen geld kost? Praat mee.  ( 8 min )
    Explainer | Dit ga je meer betalen door de rente op de studieschuld in 2024
    De rente op studieleningen gaat flink stijgen. Maar wat betekent dit nou in de praktijk voor jouw studieschuld?  ( 3 min )
  • Open

    Earnings Miss of the Week: Domino's Revenue Hit by Inflation, Delivery Fees
    Despite beating on profit, Domino's Pizza (DPZ) posted weaker-than-expected revenue for its third quarter as inflation-weary customers pulled back on ordering pizza.  ( 1 min )

  • Open

    Rivian Loses How Much? How to Evaluate EV Stocks.
    When looking at third-quarter earnings “beats” and “misses” don't forget to think about the bigger picture.  ( 24 min )
    $1,000 a Month? That’s the New Normal of Car Buying. Why That’s a Problem.
    New car prices have risen and interest rates have spiked. That means car purchases are taking a larger share of household budgets. That’s not good for buyers or investors.  ( 35 min )
    The Stock Market Just Ended Its Losing Streak. Why You Can Thank the Fed.
    Fed members seem to have woken up to the potential impact higher bond yields can have on the stock market. A pivot may be coming.  ( 19 min )
    Tech Stocks Have Led the Market This Year. That Won’t Change.
    Strong earnings and reduced valuations could propel tech stocks higher, lifting the broad market in the seasonally strong fourth quarter.  ( 26 min )
    Jamie Dimon warns of the 'most dangerous time' for the world in decades, sounding the alarm on wars, soaring debt, and the Fed
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    The Score: Lockheed Martin, Paramount Global, JPMorgan Chase and More Stocks That Defined the Week
    Here are some of the major companies whose stocks moved on the week’s news.  ( 27 min )
    Home foreclosures are at their highest level since the start of the pandemic as the 'financial aftermath' take a toll on buyers
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    Energy & Utilities Roundup: Market Talk
    Gain insight on Orsted’s Sunrise Wind offshore project, Exxon’s acquisition of Pioneer, the U.S. rig count, and more in the latest Market Talks covering Energy and Utilities.  ( 25 min )
    CHART OF THE DAY: US oil production hits record high amid rising geopolitical tensions
    US crude oil production surged to a record high of 13.2 million barrels a day, above the prior record of 13.1 million hit in February 2020.  ( 33 min )
    Pfizer Cuts Full Year Guidance By $9 Billion
    Covid-19 product sales are expected to dry up. Pfizer said Friday it is cutting its guidance for the year by $9 billion due to changes in expected sales of its Covid-19 vaccine and treatment Paxlovid. Pfizer lowered its guidance to between $58 billion and $61 billion from between $67 billion and $  ( 24 min )
    Top CD Rates Today: Earn 6.50%, With a Catch
    The best available nationwide CD rate today jumped to 6.50% for an eight-month term, although only for a maximum deposit of $5,000.  ( 20 min )
    Pfizer slashes 2023 revenue forecast on lower COVID sales; will cut expenses, jobs
    Pfizer Inc on Friday cut forecast for 2023 revenue to between $58 billion and $61 billion, from $67 billion to $70 billion previously. Shares of the company were down about 7% in extended trading. The company also cut its forecast for revenue from its COVID pill Paxlovid to about $7 billion from a prior forecast of $8 billion.  ( 31 min )
    Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
    After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. It marks a career-defining moment for Spencer, who first joined Microsoft as an intern in 1988 and has helmed Xbox since 2014.  ( 35 min )
    Gold Was Having a Meh Year Until the Attack on Israel. What’s Next for Bullion?
    Gold was having a meh year until Hamas tacked Israel. Here’s what could drive prices higher, according to one metals watcher. Plus, market newsletter commentary on interest rates, bank downgrades, and small-cap dividends.  ( 24 min )
    Big Banks Say Trouble Is Coming, but Their Earnings Are Still Strong
    Higher interest rates are making lending by the nation’s largest banks more profitable, while consumers and the economy remain surprisingly strong in the face of rate hikes.  ( 31 min )
    How a slick accounting maneuver led to a $29 billion tax bill for Microsoft
    In the largest tax audit in U.S. history, the IRS rejected Microsoft’s efforts to assign profits to a small factory in Puerto Rico.  ( 34 min )
    JD.com Sinks As Analysts Lower Expectations For Chinese E-Commerce Giant
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    Microsoft's Next Act: Betting On AI To Regain Tech Leadership
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    Nasdaq sinks, Dow edges up after healthy big bank earnings: Stock market news today
    The Dow rose 200 points after JPMorgan and Wells Fargo kicked off earnings season with profit beats.  ( 43 min )
    Annual window to shop for Medicare Advantage plans returns on Sunday
    Open enrollment for Medicare opens Sunday, and seniors could have dozens of options. During the enrollment period, which ends Dec. 7, people will have the opportunity to choose between traditional Medicare and privately run Medicare Advantage plans in their area, as well as prescription drug plans. The non-profit KFF analyzed a national survey of people with Medicare and found that only about a third compared their coverage options during a recent enrollment period.  ( 31 min )
    Japan Finance Chief Sends Warning After Yen’s Renewed Weakening
    (Bloomberg) -- Japan’s Finance Minister Shunichi Suzuki sent a warning shot to investors on Friday, relating that he had told his Group of 20 counterparts that there will be cases when appropriate responses are required in foreign exchange markets. Most Read from BloombergIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerNYC Boosts Security Ahead of ‘All Out for Palestine’ ProtestWider War in Middle East Could Tip the Wo  ( 32 min )
    Seeking Stability? Goldman Sachs Says These 2 ‘Blue Chip’ Stocks Are Less Vulnerable to Rising Rates
    Policies can have a ripple effect, often going beyond their initial intent. We’re seeing this now from the Federal Reserve, which has made it clear that, in response to stubbornly persistent inflation, it will be holding interest rates higher for longer. This trend aligns with observations made by David Kostin, Chief US Equity Strategist at Goldman Sachs. Kostin points out that stocks have shown a strong return on equity (ROE) over the past several decades, reflecting a positive combination of p  ( 35 min )
    Ford Considers Cutting Shift at F-150 Lightning Pickup Plant, UAW Memo Says
    Ford Motor is considering cutting a work shift at the plant where it builds its electric F-150 Lightning pickup as demand for the EV truck falters.  ( 28 min )
    Microsoft Closed Its Activision Deal. These Stocks Stand to Gain.
    Microsoft's success could embolden other big technology companies seeking a better foothold in videogames.  ( 17 min )
    Jeremy Grantham and Bill Gross have warned stocks are overvalued. Wharton professor Jeremy Siegel disagrees: "They are underpriced"
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    Oil prices spike as G7 enforces Russian export price caps, Israel-Hamas war continues
    Oil jumped more than 4% on Friday as the G7 clamped down on Russian crude export price cap violations and uncertainty over the Israel-Hamas war intensifies.  ( 34 min )
    Medicare Part B premiums for 2024 will cost more: Here's how much you'll pay
    Medicare premiums will rise by 6% in 2024, taking a bite out of Social Security's 3.2% cost of living adjustment. See what you'll be paying.  ( 33 min )
    JPMorgan Bond Losses Hit $40 Billion. Bank of America’s Should Be More.
    JPMorgan's wider unrealized bond losses may indicate that Bank of America's could top $130 billion when the bank reports its third quarter next week.  ( 22 min )
    SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies
    BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.  ( 32 min )
    Precious Metals Climb as Conflict Heads Into Weekend
    Precious metal futures, often considered 'safe havens' for investors, are jumping up ahead of the weekend--with traders attempting to mitigate their risk in the event of the mideast conflict heightening. "Gold is trading sharply higher today as the escalation of the Israeli-Hamas conflict ahead of  ( 11 min )
    El-Erian Says Wild Bond Market Volatility Shows Loss of Anchors
    (Bloomberg) -- The rout in the US government bond market can be attributed to the absence of all of its anchors, according to Mohamed El-Erian.Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Saudis Pause Israel Normalization in Blow to USIsrael Latest: UN Staff Given Evacuation Order for Northern GazaJeff Bezos Buys His Florida Neighbor’s Mansion for $79 MillionVideo Game Cyberpunk 2077 Uses AI To Replace Deceased Voice Actor“We have lost th  ( 32 min )
    China Drone Maker EHang Soars 25% After Unmanned Aircraft Cleared For Takeoff
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    Jamie Dimon warns the Israel-Hamas conflict may upend the economy: ‘This may be the most dangerous time the world has seen in decades’
    “Last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships," Dimon warned.  ( 34 min )
    Stocks mixed after upbeat big-bank earnings: Stock market news today
    The Dow rose 200 points after JPMorgan and Wells Fargo kicked off earnings season with profit beats.  ( 40 min )
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  • Open

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  • Open

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  • Open

    Novo Nordisk Boosts Its Guidance on Demand for Its Weight-Loss Drugs, Again
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  • Open

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    Gokbedrijf vecht 'buitensporige' miljoenenboete aan
    Het moederbedrijf van goksite Sons of Slots, LCS, vecht de miljoenenboete aan die het opgelegd heeft gekregen van de Nederlandse Kansspelautoriteit (Ksa). Het bedrijf noemt het bedrag dat het moet betalen "buitensporig".  ( 8 min )
    Patstelling in EU over glyfosaat: geen meerderheid voor of tegen het middel
    Binnen de Europese Unie is vrijdag geen meerderheid opgestaan om een knoop door te hakken over glyfosaat. In november krijgen de lidstaten nog één kans om te stemmen. Daarna ligt het lot van het bestrijdingsmiddel in handen van de Europese Commissie.  ( 9 min )
    Geen meerderheid in EU voor verbod op bestrijdingsmiddel glyfosaat
    Binnen de Europese Unie is er vrijdag niet genoeg steun om het bestrijdingsmiddel glyfosaat te verbieden. In november krijgen de lidstaten nog één kans om te stemmen. Daarna ligt het lot van de omstreden onkruidverdelger in handen van de Europese Commissie.  ( 9 min )
    Gasprijzen stijgen snel na lek in pijpleiding en sluiting van Tamar-gasveld
    De prijzen op de Europese aardgasmarkt stijgen snel. Een lekke pijpleiding, een gesloten gasveld in Israël en een staking in Australië laten de prijzen vrijdag stijgen tot het hoogste niveau sinds februari van dit jaar.  ( 9 min )
    Gasprijzen stijgen na lekkende pijpleiding en sluiting van Tamar-gasveld
    De prijzen op de Europese aardgasmarkt stijgen snel. Een lekke pijpleiding, een gesloten gasveld in Israël en een staking in Australië laten de prijzen vrijdag stijgen tot het hoogste niveau sinds februari van dit jaar.  ( 9 min )
    Eekhoorns, bijen en zalmen sieren nieuwe Britse munten met koning Charles
    In het Verenigd Koninkrijk komt eind dit jaar een eerste serie ponden en pence met koning Charles erop in omloop. In het nieuwe ontwerp wordt Charles' aandacht voor de natuur weerspiegeld. Op de munten staan eekhoorns, bijen en andere dieren.  ( 9 min )
    Britten nu ook akkoord: weg vrij voor Microsoft om Activision Blizzard in te lijven
    De overname van gameontwikkelaar Activision Blizzard door Microsoft lijkt echt te gaan plaatsvinden. Ook de Britse toezichthouder heeft er nu mee ingestemd. Dat was het laatste obstakel.  ( 9 min )
    Taakstraffen en boetes voor Nederlandse bedrijven die hielpen met bouw Krimbrug
    Acht personen in Nederland hebben taakstraffen gekregen vanwege betrokkenheid bij de bouw van de Krimbrug. Ook hebben Nederlandse bedrijven geldboetes gekregen voor het leveren van goederen en hulp. Zij hebben de Europese sancties tegen Rusland ondermijnd, oordeelt justitie.  ( 10 min )
    DNB-baas verwacht dat ECB-rente minstens een jaar op 4 procent blijft
    De rente in de eurozone blijft waarschijnlijk minimaal een jaar op het huidige niveau van 4 procent, zegt De Nederlandsche Bank-president Klaas Knot. Hij sluit een extra renteverhoging niet uit, mocht dat nodig zijn om de inflatie te beteugelen.  ( 10 min )
    Jonge huizenkopers slaan vaker toe op krappe woningmarkt
    Het aantal hypotheekaanvragen trekt iets aan na een periode van een flinke daling. Dat kan hinten op een herstel van de woningmarkt. Vooral jonge huizenkopers doen weer vaker zaken op de krappe huizenmarkt.  ( 9 min )
    Praat Mee | Koop jij weleens loten voor de loterij?
    Gisteren werd bekend dat een Amerikaan uit Californië de op een na hoogste jackpot ooit gewonnen heeft. De winnaar kan een bedrag van 1,73 miljard dollar op zijn rekening bijschrijven. Doe jij weleens mee aan de loterij? Waarom doe je dat wel, of niet? En is er weleens een prijs op jouw lot gevallen, of grijp je altijd naast de prijzen? Praat mee over loterijen.  ( 7 min )
    Wehkamp weert klant die veel kleding bestelt en terugzendt met retourkosten
    Nu Wehkamp 50 cent per geretourneerd artikel vraagt, krijgt de webwinkel dagelijks vijfduizend producten minder terug. Dat ontmoedigt klanten om veel artikelen te bestellen en te retourneren. De volgende stap is dat het duurder wordt om een pakket thuis te laten bezorgen dan bij een pakketpunt.  ( 11 min )
    Door kosten voor terugzending krijgt Wehkamp 10 procent minder retour
    Nu Wehkamp 50 cent per geretourneerd artikel vraagt, krijgt de webwinkel dagelijks vijfduizend producten minder terug. Dat ontmoedigt klanten om veel artikelen te bestellen en te retourneren. De volgende stap is dat het duurder wordt om een pakket thuis te laten bezorgen dan bij een pakketpunt.  ( 11 min )

  • Open

    Citigroup Made Tough Choices. Earnings Could Show If They’re Paying Off.
    Analysts surveyed by FactSet expect profit at Citigroup will fall 28% from the year-ago quarter to $2.5 billion.  ( 17 min )
    Early Believer In Tesla And NVIDIA, Cathie Wood And Her Firm Changed Modern Investing - Just What Does ARK Invest Offer?
    As head of ARK Invest, Cathie Wood is one of the few celebrities in the financial world. She has solidified her status as a trailblazer and oracle in her near-decade-leading ARK. Wood and her firm have become synonymous with forward-thinking investing, focusing on disruptive, game-changing technologies. And she is not afraid to take positions in "risky" companies. She bought stock in Tesla Inc (NASDAQ:TSLA) and NVIDIA Corporation (NASDAQ:NVDA) in 2016. Wood has big ideas and makes splashy predic  ( 34 min )
    30-Year Treasuries Had an Ugly Auction. What’s Behind the Weak Demand.
    Primary dealers, who buy up supply not taken by bidders, had to accept 18.2% of 30-year issuances on Thursday, higher than this year's average of 10.72%.  ( 19 min )
    AMC CEO Adam Aron gets caught with his naked shorts down
    Adam Aron, the CEO of AMC, claims he was the victim of an extortion scheme that likely could have come as a result of some decisions of questionable judgment on his part.  ( 34 min )
    3 REITs Near 52-Week Lows Just Received An Analyst Downgrade
    Analysts often downgrade stocks they feel have run up in price too much or if some bad news comes out that can negatively impact a stock. But it's unusual to see downgrades come after stocks have been pummeled, have no recent bad news and are near or at 52-week lows. The reason it's unusual is that analysts who downgrade stocks or slice price targets near 52-week lows run the risk of piling on too late and being embarrassed as an oversold stock rebounds and performs very well over the next few m  ( 35 min )
    Will CD Rates Rise to a Record 7%?
    The best CD rates are already at record highs, having climbed to 6.00%. But will they rise higher still? Will savers be lucky enough to see a CD reach 7%?  ( 19 min )
    Dollar General Stock Jumps as Former CEO Returns
    Todd Vasos will head up the company again effective immediately, Dollar General said Thursday.  ( 17 min )
    Dow Jones Futures: Stocks Fall On Ugly Treasury Auction; JPMorgan, UnitedHealth On Tap
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    Court Hears Audio From Caroline Ellison’s Nov. 9 All-Hands Meeting
    Audio clips of Caroline Ellison’s Nov. 9 all-hands meeting were played in court. Ellison, the former chief executive of  ( 23 min )
    UnitedHealth Earnings Are Coming. The Stock Is on a Tear.
    Wall Street analysts expect the company to report earnings of $6.32 for the third quarter, up from $5.79 in the same quarter last year, according to FactSet.  ( 17 min )
    Coinbase Sounds Alarm on IRS Crypto Tax Proposal
    As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.  ( 32 min )
    Stock Market Rallies In The Final Hour; Israel Stock Tumbles 20%
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    The Surprising $5 Billion Opportunity That Drove Vertex Pharmaceuticals Stock To A Record High
    No content preview
    Dreams of Big Bond Gains Backfire With $10 Billion ETF Loss
    (Bloomberg) -- All year, Wall Street pros have been sinking record sums of cash into the world’s largest Treasury ETF in a high-conviction bet that interest rates have peaked. All year they’ve been wrong, with an estimated $10 billion loss — yet that’s not stopping a cohort of dip buyers braving the worst market drawdown in decades.Most Read from BloombergIsrael Latest: US to Offer Citizens Charter Flights From IsraelIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan  ( 33 min )
    Stocks break win streak, bond yields rise as CPI inflation holds steady: Stock market news today
    Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 47 min )
    The Clean Energy Era Isn't Keeping Coal Stocks Down. Record Demand Fuels Fresh Surge.
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    U.S. Steel Is Up for Sale. Not All Potential Bids Make Sense.
    Thursday, Citi analyst Alexander Hacking reviewed some potential strategic buyers for United States Steel. Not all the bids make sense.  ( 21 min )
    Buy These 2 Beaten-Down Stocks, Goldman Sachs Says, Forecasting up to 130% Upside
    The Federal Reserve might have completed its round of rate hikes, based on recent statements made by the agency’s officials. Those statements conveyed the message that there is presently no urgent necessity to push the Fed funds rate beyond its existing range of 5.25 to 5.50%. This range represents its highest level since July 2001. A number of Fed officials pointed to the surge in government bond yields as a sign that the economy is slowing down sufficiently to curb inflation without necessitat  ( 35 min )
    Qualcomm Cuts Jobs in California in Pledge to Reduce Costs
    (Bloomberg) -- Qualcomm Inc., the largest maker of the chips that run smartphones, is reducing its workforce as its copes with lackluster demand for its main product. Most Read from BloombergIsrael Latest: US to Offer Citizens Charter Flights From IsraelIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Stocks Drop as CPI, Weak Bond Auction Lift Yields: Markets WrapGhost in the Machine: How Fake Parts Infiltrated Airline F  ( 32 min )
    FTX trial stirs up more chaos as ex Alameda CEO Caroline Ellison testifies on faulty balance sheets, bribes and more
    It’s week two of the Sam Bankman-Fried trial and I’m writing this live from outside the Southern District of New York courthouse where the case is taking place. Tuesday was a slower day filled with technical details, but that changed on Wednesday and Thursday when Caroline Ellison, ex-CEO of Alameda Research, took the stand to testify. Alameda is a big player in the trial as it’s the crypto hedge fund sister company of FTX.  ( 33 min )
    FDA Bans Sales of Vuse Menthol E-Cigarettes
    Vuse Alto menthol products have replaced Juul as the most popular vaping product on the U.S. market.  ( 29 min )
    Palantir Stock Is Fighting for Its Longest Winning Streak of the Year
    Palantir Technologies stock is up more than 20% over the past seven days.  ( 18 min )
    US Is Likely In Its 'Weakest Fiscal Position' Since WWII: Billionaire Paul Tudor Jones Warns Of A 'Really Challenging Time' For Stock Market Investors. Here's What He Likes For Protection
    The U.S. stock market showed considerable gains in 2023, but according to billionaire hedge fund manager Paul Tudor Jones, it's not going to be all sunshine and rainbows. "It's a really challenging time to want to be an equity investor in U.S. stocks right now," he said in a recent interview with CNBC. According to Jones, who runs Tudor Investment Corp., this is "the most threatening and challenging geopolitical environment" he has ever seen. At the same time, he believes that America is "probab  ( 33 min )
    Dow Drops 250 Points as Bond Yields Jump
    Stocks dropped in afternoon trading Thursday as Treasury yields popped following a disappointing bond auction. The Dow Jones Industrial Average fell 262 points, or 0.8%. The S&P 500 dropped 0.8%, and the Nasdaq Composite was falling 0.7%. All three indexes had been bouncing between small gains and  ( 12 min )
    How to Turn a $200,000 Investment Into $1 Million
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    Will I Have to Pay a Family Member's Taxes If They Die?
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    These 8 Beaten-Down Stocks Are Long-Term Winners. Consider Buying.
    The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.  ( 19 min )
    Stocks drop, bond yields rise as CPI inflation holds steady: Stock market news today
    Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 41 min )
    Americans Failed to Pay a Record $688 Billion in Taxes. The IRS Says That Will Change.
    The agency plans more audits targeting high-income taxpayers.  ( 27 min )
    Fed can stay 'patient' after inflation data as odds rise on a December rate hike
    Thursday's inflation report kept the narrative for a Fed pause in November in tact but underlying details increased the likelihood the Fed could raise rates again in December.  ( 34 min )
    Analyst Report: Sanmina Corp
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    SPAC returns remaining $533 million raise for Trump social media deal
    Digital World Acquisition Corp (DWAC), the blank-check acquisition company that plans to merge with former U.S. President Donald Trump's social media firm, said on Thursday it would return to investors $533 million raised for a cash infusion in the deal, after some already backtracked on another $467 million of commitments. The development is the nail in the coffin of the $1 billion investment that DWAC had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform. It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes.  ( 32 min )
    Market Update: SANM, TECH, DAL
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    US electric-vehicle sales hit record high, Tesla loses market share - report
    Tesla now dominates just half of the market, down from the 62% it held in the first quarter, despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. However, the company could reverse the downward trend with the launch of its Cybertruck electric pickup truck, which is set to be delivered to customers in the current quarter, the market research firm said. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said.  ( 32 min )
    Stocks mixed as CPI inflation holds steady: Stock market news today
    Stocks were mixed on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 38 min )
    Insiders Are Betting Millions on These 2 Stocks — Here’s Why You Might Want to Follow Their Lead
    When stock markets are in flux, it’s time to dig a little deeper to find the right investments. Investors will look for all sorts of signs, based on the earnings forecasts or charts – but one of the clearest signs of all is put up by corporate insiders. These are the company officers who are charged with ensuring profits and returns. They are answerable to Boards of Directors and to shareholders, who expect them to build a company that supports a solid share value. These insiders, the C-suite re  ( 35 min )
    Court Documents Expose Trump Actually Knew His Manhattan Penthouse Was Only A Fraction Of The 30,000 Square Feet He Claimed — CFO Says Size Was Too Trivial To Be Concerned Considering Trump's $5 Billion to $6 Billion Net Worth
    Former President Donald Trump has been embroiled in numerous controversies over the years. One of the more intriguing allegations recently brought to light concerns the size of his penthouse at Trump Tower in New York. New York Attorney General Letitia James has put forth several allegations against Trump, accusing him of misleading information to inflate the value of his assets for better financial benefits. Among these, a particularly interesting one revolves around the size of his Trump Tower  ( 33 min )
    Costco's Gold Bars Are Selling Out 'Within A Few Hours'— Here Are 3 Other Ways To Invest In The Yellow Metal
    Everyone knows you can leave Costco Wholesale with a cart brimming with oversized tubs of peanut butter, a TV larger than your living room wall and enough toilet paper to last a decade. But did you know that the warehouse chain sells gold bars, too? Costco has started selling 1-ounce gold bars. You can choose from two variations: a 1-ounce gold PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce gold bar from Rand Refinery. Both types are available online only and are limited to two per member.  ( 34 min )
    The Social Security Raise for 2024 Just Got Bigger
    As inflation held firm in September, the Social Security COLA matched recent projections.  ( 14 min )
    Powerball streak ends: Here's what the $1.765 billion jackpot winner is pocketing after taxes
    Here's how much of the prize you would take home after taxes -- plus five ways to invest your windfall.  ( 33 min )
    Mortgage defaults rise at fastest pace since 2009 as lenders warn of worse to come
    Mortgage defaults have risen at their fastest pace since 2009 as lenders warn over plans to restrict the supply of deals.  ( 32 min )
    What Should Your Net Worth Be at Retirement?
    As you approach retirement, your net worth is a key indicator of your financial preparedness. Net worth is a fundamental financial metric in retirement planning because it shows how much wealth you have accumulated and can use to support yourself after you stop working. The net worth varies according to a number of factors, including […] The post What Should Your Net Worth Be at Retirement? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Viasat says it will not replace satellite that malfunctioned
    Viasat said it expects to recover less than 10% of the planned throughput on ViaSat-3 F1, its satellite that malfunctioned during deployment in July, but it was confident it could meet the needs of its customers without replacing it. Viasat, which bought its British rival Inmarsat in May, said it had insurance coverage of $420 million in place for ViaSat-3 F1 and it would finalize its claim before the end of the year.  ( 32 min )
    Cathie Wood Keeps Selling Tesla Stock As $7,500 Tax Credit For Model 3 Likely Gone
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    GM and Ford CEOs Make Too Much for the UAW. It Has a Point.
    GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )
    Target upgraded, Beyond Meat downgraded: Wall Street's top analyst calls
    Target upgraded, Beyond Meat downgraded: Wall Street's top analyst calls  ( 35 min )
    New Rate on Treasury’s I Bonds Could Rise Past 5%
    The new semiannual rate, to be set around Nov. 1, is based on the six-month change in consumer prices ending in September.  ( 18 min )
    Stock open flat as CPI inflation holds steady: Stock market news today
    All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )
    Rouble leaps higher as Putin orders foreign currency sale in 'sign of despair' - latest updates
    The US owner of Boots aims to cut costs by up to $1bn (£810m) as the troubled cosmetics and pharmaceutical retailer prepares to welcome a new boss.  ( 45 min )
    Here’s How Much Social Security Benefits Will Rise in 2024
    The government on Thursday announced how much checks rise next year for the roughly 67 million Social Security recipients.  ( 18 min )
    Dow Jones Futures Rise On Hot CPI Inflation Data; Domino's Slides On Weak Sales
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    Inflation: Consumer prices rose 3.7% over last year in September, matching August's increase
    September’s CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.  ( 31 min )
    Stock futures trim gains as CPI inflation holds steady: Stock market news today
    All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )
    Delta Stock Takes Off on Company’s Earnings Beat. ‘Robust Demand’ Lifts More Airlines Too.
    Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter, firmly beating analyst expectations.  ( 16 min )
    Investors Strike It Rich On A Commodity Up More Than Oil And Gold
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    Live Ventures makes offer to buy LL Flooring Holdings - letter
    U.S. investment firm Live Ventures has offered to buy LL Flooring Holdings Inc , formerly known as Lumber Liquidators, for roughly $180 million in cash, according to a letter seen by Reuters. LL Flooring said in August that it was exploring strategic alternatives, including a possible sale. The company, headquartered in Richmond, Virginia and one of the country's leading retailers of hard-wood surface flooring, has seen its stock price tumble more than 78% in the last five years.  ( 32 min )
    Walgreens Stock Is Falling After Earnings Miss, Guidance Disappoints
    Walgreens posts fourth-quarter earnings of 67 cents a share, down from 80 cents in the same quarter last year.  ( 19 min )
    Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now?
    I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.  ( 34 min )
    US futures rise with CPI inflation update on deck: Stock market news today
    All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 33 min )
    Daily Spotlight: Earnings Near An Inflection Point
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    Top economist Mohammed El-Erian warns markets got ‘drunk on support’ from central bank ‘BFFs’, and now he’s more comfortable keeping his fortune in cash
    Mohammed El-Erian, chief economic adviser at Allianz and former Pimco CEO, says the Fed and Bank of England's high rates bodes well for savers.  ( 33 min )
    Daily – Vickers Top Insider Picks for 10/12/2023
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    Daily – Vickers Top Buyers & Sellers for 10/12/2023
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    Delta Earnings Beat. Watch for Ozempic Talk Alongside Fuel Costs and Demand.
    Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter.  ( 19 min )
    UAW shuts down Ford's biggest plant; Stellantis talks resuming
    U.S. auto workers are expected to return to talks with Chrysler maker Stellantis on Thursday, a tense day after a surprise walkout at Ford's biggest and most profitable plant sharply raised the stakes between the United Auto Workers and the Detroit Three. The Wednesday evening decision to shut Ford's Kentucky truck plant employing 8,700 workers, the largest single walkout since targeted strikes began four weeks ago, came as the UAW and Stellantis prepared for another major round of bargaining, sources said. Nearly a quarter of the 150,000 UAW workers at the Detroit Three automakers are now on strike, and thousands more have been furloughed from jobs at operations that are not on strike because automakers said the walkouts made their work unnecessary.  ( 34 min )
    Caroline Ellison faces cross-examination at Sam Bankman-Fried's trial
    Sam Bankman-Fried's confidant Caroline Ellison will take the stand again at the FTX founder's trial on Thursday, where she could face questions about why she cooperated with prosecutors against her former boss and romantic partner. Ellison, the former co-chief executive of Bankman-Fried's crypto hedge fund Alameda Research, has been on the stand since Tuesday detailing her role in a multibillion-dollar fraud prosecutors say was orchestrated by Bankman-Fried at his now-defunct cryptocurrency exchange. Over two days on the stand, Ellison, who took the reins at Alameda in 2021, testified that the hedge fund took $10 billion in FTX customer funds to repay its debts and make investments.  ( 31 min )
    Stock market bulls are regaining control, and only inflation stands in their way
    Stocks have started to get their mojo back in October, leaving inflation data as the main hurdle to overcome for investors getting more positive on the outlook for the rest of 2023.  ( 34 min )
    Disney hikes prices on streaming plans for second time this year
    Disney's previously announced price increases for some of its streaming services took effect Thursday. The company continues to grapple with direct-to-consumer profitability challenges and falling subscriber numbers.  ( 34 min )
    Chinese storage specialist Longsys, a major client of US chip maker Micron, completes US$132 million takeover of Suzhou plant from Taiwan's Powertech
    Storage systems specialist Shenzhen Longsys Electronics, one of US memory chip maker Micron Technology's largest clients in China, has completed its US$132 million takeover of a mainland plant from Taiwan's Powertech Technology, one of the world's largest semiconductor assembly, packaging and testing companies. Longsys, which makes digital storage products that include memory modules and solid-state drives, said in a filing to the Shenzhen Stock Exchange on Wednesday that it has finalised the ac  ( 34 min )
    These Stocks Are Moving the Most Today: Ford, Microsoft, Delta, Walgreens, Birkenstock, and More
    The United Auto Workers union calls a surprise strike at Ford's Kentucky Truck Plant in Louisville, Microsoft is told by the IRS it owes $29 billion in back taxes, and Delta and Walgreens are scheduled to report quarterly earnings.  ( 20 min )
    Accelerating US Core Inflation Set to Muddy Rate Picture for Fed
    (Bloomberg) -- A monthly report on US consumer prices due Thursday is set to muddy the picture for Federal Reserve officials trying to decide whether to hike interest rates again, especially as escalating conflict in the Middle East adds uncertainty, according to Bloomberg Economics.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealGoldman Su  ( 32 min )
    Ericsson shares volatile after results, $2.9 billion charge
    Ericsson shares were volatile early on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9 billion impairment related to its acquisition of Vonage last year. Traders said investors were focusing on the company's operational results which were in line with market expectations. Ericsson reported a preliminary third-quarter operating profit before amortisation, restructuring and impairment charges of 4.7 billion Swedish crowns ($431 million), down 39%.  ( 32 min )
    GM, Ford CEOs Make Too Much for UAW’s Fain. How They Stack Up.
    GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )
    Bond Traders Are Starting to Bail on Winning Yield-Curve Bets
    (Bloomberg) -- Bond investors are starting to back away from what’s been one of the few bright spots for them this year amid signs yields may have peaked after the epic rout in September.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealWall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapHouse Republicans Pick Scalise as Speaker No  ( 33 min )
    Stocks and bonds are in for a 'painful' journey and cash is safer, according to top economist Mohamed El-Erian
    El-Erian said recently that the odds of the US avoiding a recession have come down amid high interest rates and bond market volatility.  ( 33 min )
  • Open

    Debt Settlement: Cheapest Way to Get Out of Debt?
    Debt settlement can save consumers money by allowing them to resolve debts for less than the full balance. Learn the pros and cons of debt settlement.  ( 31 min )
    Top CD Rates Today: Earn 5.75% to 6.00% on 6 to 17 Months
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Debt Relief: What it is, How it Works, FAQs
    Debt relief involves the reorganization of a borrower's debts to make them easier to repay. It can also give creditors a chance to recoup at least a portion of what they are owed.  ( 25 min )
    Government Subsidies for Business
    Many industries rely on government assistance in both good times and bad. What are the benefits of these programs, and how do they impact the consumer?  ( 24 min )
    Will CD Rates Rise to a Record 7%?
    The best CD rates are already at record highs, having climbed to 6.00%. But will they rise higher still? Will savers be lucky enough to see a CD reach 7%?  ( 18 min )
    SAG-AFTRA Negotiations Break Down, Theaters Show Concerts as Strike Continues
    Bargaining between SAG-AFTRA and the Alliance of Motion Picture and Television Producers stopped, further disrupting scripted content.  ( 17 min )
    Repatriation: Definition, With Currency Exchange and Example
    Repatriation refers to converting any foreign currency into a country's local currency.  ( 26 min )
    Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract
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    S&P 500 Gains and Losses Today: Index Falls as Consumer Prices Top Estimates
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    Fastenal Shares Surge After Beating Profit Estimates as Onsite Unit Sales Grow
    Fastenal shares jumped after the maker of fasteners and other construction and hardware equipment beat profit forecasts.  ( 16 min )
    TransUnion Agrees To Pay $23 Million to Federal Regulators
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    China Cracks Down on Cross-Border Financial Flows, Offshore Trading
    China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug regulatory loopholes.  ( 18 min )
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    Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 18 min )
    What Causes Inflation?
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    Inherent Risk: Definition, Examples, and 3 Types of Audit Risks
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    Goldman Washes Hands Of GreenSky But Not Before Taking A Q3 Earnings Hit
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    How Intangible Assets Provide Value To Stocks
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    Gambling Income: What it is, How it Works, Advantages
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    How Government Budgetary Decisions Impact the Public Sector
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    Markets Mixed at Midday as Consumer Prices Rise More Than Expected
    U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 16 min )
    Walgreens Shares Surge After Saying It Will Slash Costs
    Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 17 min )
    Ford Shares Fall After UAW Expands Strike to Its Largest Factory
    Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 17 min )
    What Math Skills Are Required To Study Microeconomics?
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    How to Give Cryptocurrency As a Gift
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    Can Keynesian Economics Reduce Boom-Bust Cycles?
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    30-Year Mortgage Rates Fall Again, Dropping Below 8%
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    Social Security Cost of Living Adjustment To Rise 3.2% in 2024
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    5 Things to Know Before Markets Open
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  • Open

    S&P 500 Gains and Losses Today: Index Falls as Consumer Prices Top Estimates
    The S&P 500 dropped 0.6% on Thursday, Oct. 12, 2023, as the Consumer Price Index (CPI) exceeded forecasts, raising concerns about more Fed tightening.  ( 1 min )
    China Cracks Down on Cross-Border Financial Flows, Offshore Trading
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    Markets Mixed at Midday as Consumer Prices Rise More Than Expected
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    Work-From-Home Is Killing Offices. Here’s Why They’re Still Building More of Them
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    Dow Jones Today: Stock Futures Up Ahead of September CPI
    U.S. stock futures were up in premarket trading Thursday ahead of September inflation data that could set the tone heading into the Federal Reserve's next policy meeting at the end of the month.  ( 1 min )
    5 Things to Know Before Markets Open
    Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 1 min )
  • Open

    Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract
    Hormel Foods' stock was the biggest loser on the S&P 500 Thursday after the company gave a strategic update and settled with union workers on a new contract.  ( 1 min )
    Fastenal Shares Surge After Beating Profit Estimates as Onsite Unit Sales Grow
    Fastenal shares jumped after the maker of fasteners and other construction and hardware equipment beat profit forecasts.  ( 1 min )
    IRS Says Microsoft Owes $29 Billion in Back Taxes
    Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 1 min )
    Goldman Washes Hands Of GreenSky But Not Before Taking A Q3 Earnings Hit
    Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 1 min )
    Ford Shares Fall After UAW Expands Strike to Its Largest Factory
    Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 1 min )
    Walgreens Shares Surge After Saying It Will Slash Costs
    Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 1 min )
    Delta Reports Big Profit Gains From Summer Travel, but Warns About Fuel Costs
    Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 1 min )
    Toyota and Idemitsu Team Up to Mass-Produce Solid-State Batteries for EVs
    Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 1 min )
  • Open

    Europees Hof vindt e-bike geen motorvoertuig, gevolgen voor schadevergoeding
    Het Europees Hof van Justitie heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft een e-biker daarom recht op een schadevergoeding als die tegen een gemotoriseerd voertuig aan botst.  ( 9 min )
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    Woonwinkel IKEA is van plan om zijn prijzen te verlagen de komende tijd. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan "een groot deel van de prijzen gefaseerd naar beneden worden gebracht", stelt het bedrijf.  ( 8 min )
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    ASR schrapt 260 banen op hypotheekafdeling na overname van Aegon
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    NU+ | Wat is glyfosaat en waarom is het omstreden?
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  • Open

    BlackRock Pulls the Trigger on These 2 High-Yield Dividend Stocks — Including One With 9% Yield
    This past week has been a doozy. We’ve got the usual headwinds piling up, with sticky inflation, a 1-in-3 chance for another Fed interest rate hike this year, and rising bond rates putting pressure on stocks. And if that wasn’t enough, the geopolitical situation has heated up, with a major war in the Middle East as Israel goes to war in retaliation for Hamas’ latest atrocities. But there are opportunities in the market, and investors should not lose hope, despite the headwinds. The strategists a  ( 36 min )
    The Fall of Russia’s Gas Giant Dulls a Key Tool of Putin’s Power
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    Dow Jones Futures Rise: Market Rally At Key Levels As Inflation Data Looms; Novo Nordisk Soars
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    3 REITs With Analyst Price Targets Well Above Present Price
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    Top CD Rates Today: 6.00% Leader Offers a Take-Your-Pick Term of 12 to 17 Months
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Exxon buying Pioneer will trigger $71 million in executive windfalls
    Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will walk away with bumper payouts which were sweetened further earlier this year. The top five executives at the U.S. shale operator are set to share $71 million in severance payouts, with Chief Executive Scott Sheffield on track to receive around $29 million, a review of regulatory filings and Reuters calculations show. The award to Sheffield, who helped found the shale producer over two decades ago and was slated to retire at the end of 2023, represents a sum worth three times his base salary as well as all his pending equity awards for performance.  ( 33 min )
    The stock market will rally into year-end on a wave of dovish Fed comments, Fundstrat says
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    The last time US stocks were this pricey relative to the debt market, the S&P 500 crashed 50%
    US stocks are near their most expensive levels in over two decades, relative to the debt market. The last time stocks were this pricey was during the dot-com boom - and that was followed by a 50% crash in the S&P 500.  ( 32 min )
    UPDATE 1-Microsoft says US has asked for $28.9 bln in audit dispute
    Microsoft said on Wednesday the U.S. Internal Revenue Service (IRS) in September notified the company that it is seeking an additional tax payment of $28.9 billion, plus penalties and interest for tax years from 2004 to 2013. Microsoft said the IRS notices relate to an ongoing dispute between the company and the U.S. tax authority, which is auditing how Microsoft allocated its profits among different countries and jurisdictions. The Redmond, Washington-based company said it has since changed its practices so that "issues raised by the IRS are relevant to the past but not to our current practices," according to a Microsoft blog.  ( 32 min )
    Delta Earnings Will Be About Fuel Costs and Demand. Expect Ozempic Talk, Too.
    Delta Air Lines is expected to report earnings of $1.95 a share for the third quarter, up from $1.51 a year ago.  ( 18 min )
    Donald Trump’s financial statements were key to getting loans, ex-bank official tells fraud trial
    Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial. Trump’s statements of financial condition were key to his approval for a $125 million loan in 2011 for his Doral, Florida, golf resort and a $107 million loan in 2012 for his Chicago hotel and condo skyscraper, former Deutsche Bank risk management officer Nicholas Haigh testified. A judge last month ruled that Trump and his company, the Trump Organization, committed years of fraud by exaggerating the value of Trump’s assets and net worth on the financial statements he gave to banks, insurers and others to make deals and secure loans.  ( 33 min )
    Amgen Stock Surges To 10-Month High, Up 5% On An Unexpected Upgrade
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    Stocks rise as all eyes turn to inflation data: Stock market news today
    Wall Street is looking ahead to consumer inflation data on Thursday for more insight into the Fed's next move.  ( 45 min )
    Nutanix Rally Keeps On Going As CEO Targets Rival VMware
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    Emails show how Bankman-Fried toyed with Paradigm VCs, who had misgivings but gave him nearly $300 million anyway
    Emails surfaced in Sam Bankman-Fried's trial that show how he pressured Paradigm to make a huge investment despite concerns over FTX governance.  ( 32 min )
    The Fed May Be Done. This Is What It Means For The 10-Year Treasury Yield And S&P 500.
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    ‘I Was Terrified.’ Ellison Found Out About Large Customer Withdrawals in Signal Chat
    Caroline Ellison described a Signal group chat between her, FTX founder Sam Bankman-Fried and FTX’s former director of engineering Nishad Singh days before FTX’s collapse. At the time, Singh noted that customer withdrawals were picking up after Alameda’s balance sheet was leaked to crypto news site  ( 22 min )
    Stocks waver after inflation data surprise, Fed minutes: Stock market news today
    After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 42 min )
    OPEC’s Greatest Opponent Is Disappearing, Shale CEO Warns
    (Bloomberg) -- The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past as international giants swallow them up, according to one of the industry’s founding members.Most Read from BloombergIsrael Latest: Netanyahu Talks to Biden, ‘False Alarm’ in NorthIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Israel Forms Emergency Government for War Against HamasStocks Waver on Fed Minutes as Traders Await CPI: Markets Wr  ( 33 min )
    DraftKings Stock Flirts With New Buy Signal After 167% Rally On Sports Betting Boom
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    Biden borrowing binge driving ‘unsustainable’ rise in global debts, warns IMF
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    These Are The 5 Best Stocks To Buy And Watch Now
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    Birkenstock opens at $41 a share in IPO debut, nearly 11% below its initial price
    Birkenstock on Wednesday stepped into the public market.  ( 33 min )
    ChargePoint Stock Plunges on Capital Raise. It Makes Sense.
    EV-charging company ChargePoint sells shares and raises about $232 million in the process. The stock reaction looks about right so far.  ( 21 min )
    Analyst Report: Teva Phar Inds Lt
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    Market Update: TEVA
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    The UAW's 'record contract' hinges on pensions, battery plants
    After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers. General Motors, Ford Motor and Chrysler parent Stellantis have all agreed to raise base wages by between 20% and 23% over a four-year deal, according to union and company statements. Ford and Stellantis have agreed to reinstate cost-of-living adjustments, or COLA.  ( 34 min )
    Eli Lilly Sparks As Rival Novo Says Diabetes Drug Could Treat Kidney Disease — But Is Lilly Stock A Buy?
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    Meta and Alphabet Stocks Are Soaring, Leaving Apple in Their Dust
    The Magnificent Seven Big Tech stocks have been largely responsible for 2023’s market rally. Yet some of those are more spectacular than others.  ( 17 min )
    Is Pfizer Stock A Buy After The FDA Approved Its Updated Covid Shot?
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    Stocks waver after wholesale inflation data surprises: Stock market news today
    After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 38 min )
    30-Year Mortgage Rates Sink in Biggest One-Day Drop Since 2022
    Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )
    Used Car and Airline Prices Signal Inflation Is Here to Stay
    (Bloomberg) -- The rapid descent of US inflation over the last few months is likely too good to last.Most Read from BloombergIsrael Latest: Sirens Sound in North, Israel Forms War CabinetIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Forms Emergency Government for War Against HamasIMF Caught Off Guard as China Strikes Sri Lanka Debt DealNew upside risks in categories that have played an outsize role in the recent  ( 34 min )
    Plug Power Boosts Outlook. The Stock Gets a Lift, Too.
    The hydrogen technology company Plug Power raised its guidance before a shareholders' symposium. Wall Street likes the new numbers.  ( 16 min )
    Exclusive-NCR in talks to merge ATM business with Brink's -sources
    NCR Corp is in advanced discussions to merge its automatic teller (ATM) business with cash management firm Brink's Co, creating a combined company worth close to $12 billion, including debt, people familiar with the matter said. The deal, structured as a reverse morris trust, would allow NCR to merge the ATM business at a $5.5 billion valuation, or the equivalent of seven times 2024 earnings EBITDA (earnings before interest, taxes, depreciation and amortization), with Brink's and give a large chunk of the combined company to NCR shareholders tax free, the sources said. Brink's, which is valued at about $6.2 billion including debt, moves cash around the world for its clients and provides ATM services among other things.  ( 32 min )
    Surge in obesity drugs like Ozempic has pummeled big food stocks. Is it time to eat them up?
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    Ozempic Kidney Trial Sinks Dialysis Stocks
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    Daily – Vickers Top Insider Picks for 10/11/2023
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    Caroline Ellison describes "constant dread" over crypto downturn at Bankman-Fried trial
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    Stocks are bottoming and the market is approaching the perfect buying opportunity for investors, Fundstrat says
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    Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.
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  • Open

    Top CD Rates Today: 6.00% Leader Offers a Take-Your-Pick Term of 12 to 17 Months
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
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    Ford, GM, Stellantis Lay Off 5,000 Workers; UAW 'Stand-Up Strike' May Be Minimizing Damage
    Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 18 min )
    Birkenstock Shares Sink Over 12% in First Day of Trading
    Shares of German sandal maker Birkenstock sank over 12% on the company's first day of trading amid tepid demand for newly listed companies.  ( 17 min )
    State Farm CD Rates: September 2023
    CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )
    More People Applying for Adjustable Rate Mortgages in Unaffordable Market
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    S&P 500 Gains and Losses Today: Index Moves Higher Ahead of Key Inflation Data
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    Wells Fargo CD Rates: October 2023
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    USAA CD Rates: October 2023
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    Truist CD Rates: October 2023
    Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 20 min )
    TD Bank CD Rates: October 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )
    Synchrony Bank CD Rates: October 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )
    What Is Litecoin (LTC)? How It Works, History, Trends and Future
    Launched in the year 2011, Litecoin (LTC) is an alternative cryptocurrency based on the model of Bitcoin.  ( 25 min )
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    Sallie Mae Bank CD Rates: October 2023
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    OECD Releases Digital Tax Reform Framework That Could Impact U.S. Tech Companies
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    First Republic Bank CD Rates: October 2023
    First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )
    What Was Private Unemployment Insurance?
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    Edward Jones CD Rates in 2023
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    New Year's Planning for Business Owners
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    Citizens Bank CD Rates: October 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    GM's Deal With Canadian Auto Workers Could Set Tone for Talks With Stellantis
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    Surprised By 'Junk' Fees On Bills? They May Go Away Soon
    A proposed federal rule would ban companies from charging fees not included in advertised prices.  ( 19 min )
    CIT Bank CD Rates October 2023
    A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )
    Chase CD Rates: October 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 20 min )
    Consumer Surplus vs. Economic Surplus: What's the Difference?
    Learn the difference between consumer surplus and economic surplus, how the concepts are related, and the important theoretical and economic implications of both.  ( 24 min )
    Quantitative Analysis (QA): What It Is and How It's Used in Finance
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    Capital One CD Rates: October 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )
    Barclays Bank CD Rates: October 2023
    Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 20 min )
    Vanguard CD Rates: October 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )
    How to Reduce Student Loan Payments
    Student loan forgiveness measures were struck down by the Supreme Court in June 2023.  ( 24 min )
    Third Federal CD Rates: October 2023
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    How Long Has the U.S. Run Fiscal Deficits?
    Read about the history of deficit spending in the United States, dating back to 1789, and learn how Alexander Hamilton addressed budget shortfalls.  ( 24 min )
    Understanding Liquidity Risk in Banks and Business, With Examples
    Liquidity risk refers to the marketability of an investment and whether it can be bought or sold quickly enough to meet debt obligations and prevent or minimize a loss.  ( 30 min )
    Markets Rise at Midday as Bond Yields Fall Ahead of Fed Meeting Minutes
    U.S. equites rose at midday on Wednesday, Oct. 11, 2023, as bond yields extended their decline and ahead of the release of minutes from the latest Fed meeting.  ( 18 min )
    Klarna Launches AI-Powered Image Recognition Tool
    Swedish fintech company Klarna released a new AI-powered image recognition tool Wednesday to improve users' shopping experience, taking on similar products from big tech companies like Google and Amazon.  ( 18 min )
    Global Coal Industry Could Lose Almost a Million Jobs by 2050
    The global coal industry could shed almost a million jobs between now and 2050, as existing mines around the world shutter while cheaper wind and solar power become more readily available.  ( 18 min )
    What Is Carbon Accounting?
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    Ozempic Study Shakes Up Market for Kidney and Insulin Treatments
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    How to Apply for a Small Business Grant
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    A Comprehensive Guide to Establishing Business Credit
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    How to Start Your Own Bookkeeping Business: Essential Tips
    Starting a bookkeeping business requires some legal and financial know-how to help ensure your odds of success.  ( 24 min )
    30-Year Mortgage Rates Sink in Biggest One-Day Drop Since 2022
    Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )
    Straight Line Basis Calculation Explained, With Example
    Straight line basis is the simplest method of calculating depreciation and amortization, the process of expensing an asset over a specific period.  ( 23 min )
    Homes Are So Unaffordable, 8% Mortgage Rates Wouldn’t Make Much Difference
    Mortgage rates, which surged to two-decade highs last week, have hurt housing affordability so much that a jump to 8% wouldn’t make things significantly worse, according to a Zillow economist.  ( 18 min )
    Bread Savings CD Rates: October 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )
    BMO Bank CD Rates: October 2023
    BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 21 min )
    HP Shares Advance After Reporting Solid 2024 Earnings Guidance and a Dividend Increase
    HP shares rose after announcing its 2024 earnings guidance in line with estimates and a 5% dividend increase.  ( 17 min )
    Israel-Hamas Conflict Could Have Limited Impact on Oil Prices
    Crude oil prices jumped more than 4% Sunday as a new conflict broke out between Israel and Hamas, but the fighting is unlikely to have a significant impact on prices.  ( 18 min )
    Apple Bank CD Rates: October 2023
    Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 21 min )
    How Can Industrialization Affect National Economies of Less Developed Countries (LDCs)?
    Read about how industrialization impacts economic growth in less developed countries (LDCs), using Hong Kong and Great Britain as examples.  ( 27 min )
    MonaCoin (MONA): What it Means, How it Works
    MonaCoin (MONA) is a digital currency predominantly used in Japan. Holders can use their MONA for tipping and payments. Learn more about MonaCoin.  ( 24 min )
    Rising Rates Turn From Friend to Foe for U.S. Banks
    Rising interest rates boosted net interest income for U.S. banks in recent quarters. But the industry's third-quarter earnings reports likely will show the mounting negative impacts of higher rates.  ( 20 min )
    ExxonMobil Buys Pioneer Natural Resources for Nearly $60 Billion
    ExxonMobil agreed to buy shale driller Pioneer in an all-stock deal worth $59.5 billion, allowing the company greater access to the coveted Permian Basin region.  ( 17 min )
    What Is the Difference Between Risk Tolerance and Risk Capacity?
    Risk tolerance is an individual's emotional ability to tolerate risk such as declines in one's portfolios, while risk capacity is an objective standard determined by concrete financial circumstances and obligations.  ( 30 min )
    Uncovered Interest Rate Parity (UIP): Definition and Calculation
    Uncovered interest rate parity (UIP) is a theory that the difference in two countries' interest rates is equal to the expected changes between their currency exchange rates.  ( 25 min )
    Hispanic American–Owned Banks by State
    America’s second-largest group of minority depository institutions (MDIs) offers a potential solution for underbanked Latinx customers.  ( 43 min )
    Wholesale Prices Rose Higher than Expected in September
    The Producer Price Index shows wholesale prices rose 0.5% in September, not as much of a drop from last month’s 0.7% increase that analysts were expecting, as gas prices helped push inflation higher.  ( 17 min )
    Micro Mining (Cryptocurrency): What it Means, How it Works
    Micromining is a lightweight mining activity in which a low-end hardware device performs the basic activity of transaction authentication.  ( 23 min )
    How War Affects the Modern Stock Market
    We take a look at investor attitudes to war and uncertainty as the Russian invasion of Ukraine plays out and the world remains on edge.  ( 26 min )
    What Is Bitcoin Halving? Definition, How It Works, Why It Matters
    Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.  ( 24 min )
    Ceteris Paribus vs. Mutatis Mutandis
    The Latin phrases "ceteris paribus" and "mutatis mutandis" are often used as economic shorthand.  ( 21 min )
    October Effect: Definition, Examples, Statistical Evidence
    The October effect is the theory that stocks tend to decline during the month of October. This supposed market anomaly, however, has little data to support it.  ( 25 min )
    Birkenstock Steps Into NYSE Today, Here's What To Expect From The IPO
    Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today.  ( 18 min )
    What ETFs Track the Metals and Mining Sector?
    Discover investment opportunities with ETFs that invest in precious and base metals such as gold, silver, platinum, copper and nickel.  ( 21 min )
    What Is Bitcoin? How to Mine, Buy, and Use It
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    How Do Cryptocurrency Exchange-Traded Funds (ETFs) Work?
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    What Does Ledger Balance Mean and How Does It Work?
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    5 Things to Know Before Markets Open
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    5 MBA Skills Employers Look For in Grads
    Find out the business skills employers look for in recent MBA grads and why certain soft skills are more valued than ones like finance and marketing.  ( 22 min )
    Qualified Charitable Organization: Meaning, Rules, FAQs
    A qualified charitable organization is a nonprofit organization that qualifies for tax-exempt status according to the U.S. Treasury.  ( 24 min )
  • Open

    Ford, GM, Stellantis Lay Off 5,000 Workers; UAW 'Stand-Up Strike' May Be Minimizing Damage
    Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 1 min )
    Stellantis, Samsung SDI Agree To Build Second Battery Plant in Indiana
    Stellantis and Samsung SDI will spend $3.2 billion to build a second battery gigafactory in Indiana as part of their joint venture.  ( 1 min )
    GM's Deal With Canadian Auto Workers Could Set Tone for Talks With Stellantis
    General Motors reached a tentative deal with Canadian autoworker union Unifor, which could add pressure to the union's negotiatiations with Stellantis.  ( 1 min )
    Ozempic Study Shakes Up Market for Kidney and Insulin Treatments
    An Ozempic study for the treatment of chronic kidney disease was halted early after showing early signs of success, sending Novo Nordisk ADRs higher and shares of dialysis machine and insulin pump makers lower.  ( 1 min )
    Klarna Launches AI-Powered Image Recognition Tool
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    ExxonMobil Buys Pioneer Natural Resources for Nearly $60 Billion
    ExxonMobil agreed to buy shale driller Pioneer in an all-stock deal worth $59.5 billion, allowing the company greater access to the coveted Permian Basin region.  ( 1 min )
    HP Shares Advance After Reporting Solid 2024 Earnings Guidance and a Dividend Increase
    HP shares rose after announcing its 2024 earnings guidance in line with estimates and a 5% dividend increase.  ( 1 min )
    Birkenstock Steps Into NYSE Today, Here's What To Expect From The IPO
    Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Index Moves Higher Ahead of Key Inflation Data
    The S&P 500 added 0.4% on Wednesday, Oct. 11, 2023, ahead of key consumer price data and with indications that the Fed may be cautious about hiking interest rates.  ( 1 min )
    Markets Rise at Midday as Bond Yields Fall Ahead of Fed Meeting Minutes
    U.S. equites rose at midday on Wednesday, Oct. 11, 2023, as bond yields extended their decline and ahead of the release of minutes from the latest Fed meeting.  ( 1 min )
    Global Coal Industry Could Lose Almost a Million Jobs by 2050
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    Israel-Hamas Conflict Could Have Limited Impact on Oil Prices
    Crude oil prices jumped more than 4% Sunday as a new conflict broke out between Israel and Hamas, but the fighting is unlikely to have a significant impact on prices.  ( 1 min )
    Dow Jones Today: Stock Futures Rise, Yields Fall Ahead of More Inflation Data
    U.S. stock futures rose in premarket trading Wednesday ahead of new wholesale inflation data and as the retreat to safe havens amid strife in the Middle East continued to push bond yields down.  ( 1 min )
    5 Things to Know Before Markets Open
    Inflation is expected to tick lower in September and sandal maker Birkenstock is set to go public on the New York Stock Exchange later today. Here’s what investors need to know today.  ( 1 min )
  • Open

    NU+ | Zorgen om studieschuld door vervijfvoudiging rente: 'Krijg geen hypotheek'
    Dit jaar is de doorsnee studieschuld met meer dan 4 procent gestegen, naar zo'n 17.100 euro. Daar komt bij dat de rente per 2024 gaat vervijfvoudigen: van 0,46 naar 2,56 procent. Dat leidt tot bezorgdheid. Op ons reactieplatform NUjij vertelden lezers over hun studieschuld en zorgen daarover.  ( 10 min )
    Stockholm weert benzine- en dieselauto's vanaf 2025 uit centrum
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    Alweer oordeelt rechter dat Volkswagen schadeclaim moet betalen voor gesjoemel
    Volkswagen moet een Nederlandse koper van een zogenoemde sjoemeldiesel 4.400 euro schadevergoeding betalen. De Consumentenbond roept de Duitse automaker op om over een schikking voor de duizenden andere gedupeerden te praten.  ( 9 min )
    Gaspijplijn tussen Finland en Estland is zeker vijf maanden onbruikbaar
    Het duurt minstens vijf maanden om het lek in de kapotte onderzeese gaspijplijn tussen Finland en Estland te repareren. De gastoevoer komt op zijn vroegst weer op gang in april, laten de beheerders van de Finse en Estse gassystemen weten.  ( 9 min )
    Verzekeraar ASR schrapt 260 banen na overname van Aegon
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    Hogere boetes en dwangsom voor illegale onlineverkoop van vapes
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    VDL Nedcar gaat na einde MINI-productie weer voor BMW aan de slag
    Na het pijnlijke einde van de productie van MINI's, waardoor veel werknemers hun baan verliezen, krijgt VDL Nedcar in het Limburgse Born toch een nieuwe klus voor BMW. Maar daarmee zijn wel veel minder banen gemoeid.  ( 8 min )
    Albert Heijn stopt met contant uitbetalen van koopzegels
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    Succesjaren lijken voorbij voor eigenaar Louis Vuitton en Moët & Chandon
    LVMH, bekend van merken als Louis Vuitton, Dior en Moët & Chandon, heeft teleurstellende cijfers gepresenteerd. De verkoop van luxemerken neemt amper nog toe en er is veel minder champagne en cognac verkocht.  ( 9 min )
    Benzine is in België inmiddels bijna halve euro goedkoper dan in Nederland
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    Succesjaren zijn voorbij voor eigenaar Louis Vuitton en Moët & Chandon
    LVMH, bekend van merken als Louis Vuitton, Dior en Moët & Chandon, heeft teleurstellende cijfers gepresenteerd. De verkoop van luxemerken neemt amper nog toe en er is veel minder champagne en cognac verkocht.  ( 9 min )
    FTX-fraude was volgens ex-topmanager in opdracht van Bankman-Fried
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    Succesjaren achter de rug voor eigenaar Louis Vuitton en Moët & Chandon
    LVMH, bekend van merken als Louis Vuitton, Dior en Moët & Chandon, heeft teleurstellende cijfers gepresenteerd. De verkoop van luxemerken neemt amper nog toe en er is veel minder champagne en cognac verkocht.  ( 9 min )
    EU klaagt bij X over verspreiding desinformatie rond Israëlisch conflict
    De Europese Commissie heeft aanwijzingen dat het sociale netwerk X wordt gebruikt om desinformatie en illegale content over het conflict in Israël te verspreiden. Eurocommissaris Thierry Breton heeft X-directeur Elon Musk opgeroepen harder op te treden.  ( 9 min )
    We vliegen volgend jaar waarschijnlijk weer meer dan voor de coronapandemie
    Het aantal vliegtuigpassagiers zal dit jaar mede door duurdere tickets en de oorlog in Oekraïne waarschijnlijk iets kleiner zijn dan in 2019, het jaar voor de coronapandemie. Maar luchtvaartkoepel ACI verwacht dat volgend jaar wel meer mensen het vliegtuig zullen pakken.  ( 8 min )
    Samsung worstelt omdat consumenten bezuinigen op elektronica
    Samsung ziet zijn omzet en winst hard dalen. Consumenten geven minder uit aan telefoons, accessoires en andere elektronica. Ook verkoopt het Zuid-Koreaanse bedrijf minder geheugenchips.  ( 8 min )
    De Bijenkorf bezuinigt en gaat tientallen kantoorbanen schrappen
    De Bijenkorf gaat tientallen banen op het hoofdkantoor schrappen. Die ingreep is volgens de warenhuisketen nodig vanwege de uitdagende tijden in de sector en oplopende kosten.  ( 8 min )
    Autoverkoop zal naar verwachting ook in 2024 achterblijven
    Ook in 2024 zal de autoverkoop niet aantrekken, verwachten brancheorganisaties BOVAG en RAI Vereniging. Ze schatten dat er volgend jaar 360.000 nieuwe personenauto's worden geregistreerd, ongeveer evenveel als dit jaar.  ( 8 min )

  • Open

    Business Development: Definition, Strategies, Steps & Skills
    Business development is a process aimed at growing a company and making it more profitable and successful. Here is how it works.  ( 28 min )
    Correlation Coefficients: Positive, Negative, and Zero
    Correlation coefficients of greater than, less than, and equal to zero indicate positive, negative, and no relationship between the two variables.  ( 28 min )
    What Is an Acquisition? Definition, Meaning, Types, and Examples
    An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.  ( 30 min )
    Top CD Rates Today: New National Leader in 2-Year Term
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 21 min )
    Forgot Password? You Don't Need One For Your Gmail Account Anymore
    Google is furthering its goal for a password-free future, making its passkey technology a default on personal accounts.  ( 17 min )
    Fed's Key Interest Rate May Not Go Any Higher, Officials Say
    The Federal Reserve could be done raising its benchmark interest rate, at least for the time being, according to a recent string of remarks by Fed officials.  ( 19 min )
    How to Buy a Car Online in 2023
    If you’re thinking about buying a vehicle from an online dealer, the process may be easier than you expect. Here’s a step-by-step guide for how to buy a car online.  ( 23 min )
    Conflict, Fed Speak Help Drive Down Treasury Yields
    U.S. Treasury yields fell Tuesday as some investors sought safety from international conflict in the bond market, and others took comfort in recent comments from Federal Reserve officials.  ( 17 min )
    S&P 500 Gains and Losses Today: Index Advances Amid Optimistic Rate Outlook
    The S&P 500 gained 0.5% on Tuesday, Oct. 10, 2023, following suggestions that the Fed may adopt a more cautious approach to raising interest rates.  ( 16 min )
    How to Avoid Student Loan Scams
    Borrowers should be wary of these four scams so they don't pay for free services or are victims of identity theft, poor credit, and late fees.  ( 24 min )
    Limit Order vs. Stop Order: What’s the Difference?
    Limit orders and stop orders tell your broker how you want to fill your trades but operate differently.  ( 27 min )
    What Is Turnover in Business, and Why Is It Important?
    Turnover is an accounting concept that measures how quickly a business either collects cash from accounts receivable or sells its inventory. Learn why it matters.  ( 26 min )
    Fed Survey Shows US Consumers Expect Higher Inflation in the Near and Medium Term
    U.S. consumers expect higher inflation in one year from now and the next three years, but lower inflation in five years, a survey by the New York Federal Reserve Bank found.  ( 18 min )
    Microsoft and Alphabet's Google Introduce New AI Initiatives for the Health Care Industry
    Microsoft and Alphabet's Google introduced new AI Initiatives to help organizations in the health care industry improve their use of data and access to information.  ( 17 min )
    Managerial Accounting Meaning, Pillars, and Types
    Managerial accounting is the practice of analyzing and communicating financial data to managers, who use the information to make business decisions.  ( 26 min )
    Using the Price-To-Book (P/B) Ratio to Evaluate Companies
    The price-to-book (P/B) ratio compares a company's market value to its book value. It's an easy way to determine a company's value but has drawbacks. Learn more.  ( 29 min )
    Facing our Fears in Money and Life
    Farnoosh Torabi joins the show to talk about her new book, A Healthy State of Panic, and how we can use our fears to conquer our biggest challenges in money and life. Plus, investor anxiety is peaking again as long-term Treasury yields spike.  ( 15 min )
    Amazon Looks to Cash In On Holiday Spending, But It's Not The Only Sale In Town
    Amazon kicked off the Prime Big Deal Days event to get customers to open up their wallets for early holiday spending, but history suggests that this sequel is unlikely to break the sales record set by Prime Day in July.  ( 18 min )
    AMD To Acquire Nod.AI, Boosting Its Open-Source AI Software Capabilities
    Chipmaker AMD announced it will boost its AI-related offerings with the purchase of Nod.AI, an open-source artificial intelligence (AI) software startup.  ( 17 min )
    Personal Loan Rates & Trends, Week of Oct. 9, 2023: Rates Ease
    Personal loan rates edged up to 20.91% this week, giving up 5 basis points since last week when the average personal loan rate stood at 20.96%.  ( 18 min )
    Betterment vs. Wealthfront: Which Is Best for You?
    Wealthfront and Betterment both earned spots in our best robo-advisor awards. Compare the two robo-advisors to learn how their investing platforms can work for you.  ( 30 min )
    Factor ETFs: Meaning, Effectiveness, Examples
    Given that stock picking is not generally effective, trackers that simply follow an index have become very popular. However, trackers have their disadvantages, so hybrid models between have evolved.  ( 22 min )
    Why Trading Volume and Open Interest Matter to Options Traders
    Trading volume and open interest are key numbers to watch when buying and selling options. Together they can indicate liquidity, trader interest, and price strength.  ( 29 min )
    Syndicated Loan: What It Is, How It Works, Examples
    A syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower.  ( 25 min )
    American Academy of Financial Management (AAFM) Definition
    The American Academy of Financial Management was a globally recognized academic institution that issued a number of credentials and designations.  ( 23 min )
    IMF Projects Likely Soft Landing for 'Stable and Slow' Global Economy
    A soft landing for the global economy is likely according to International Monetary Fund projections published on Tuesday.  ( 17 min )
    Inflation and Hiring Difficulties Send Small Business Owner Optimism Lower
    Inflation and hiring difficulties sent optimism among small business owners to its lowest level in four months in September, the NFIB found.  ( 16 min )
    30-Year Mortgage Rates Spike to Another Record High
    Rates on 30-year mortgages jumped two-tenths of a percentage point to set yet another 23-year record high. It's the fourth record peak registered in just over a week.  ( 19 min )
    Citibank CD Rates: October 2023
    CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )
    Dollar-Cost Averaging With ETFs
    Learn how to invest small amounts, correctly, and regularly, into an exchange traded fund to maximize a dollar-cost averaging strategy with ETFs.  ( 23 min )
    Markets Gain at Midday Amid Optimism About Future Fed Moves
    U.S. equities were higher at midday on Tuesday, Oct. 10, 2023, amid optimism the Fed might pull back on its tight monetary policy following comments by Fed officials.  ( 16 min )
    PepsiCo Beats Profit and Sales Estimates and Boosts Its Outlook on Higher Prices
    PepsiCo exceeded estimates for quarterly profit and sales, and lifted its earnings outlook as it benefited from higher prices.  ( 17 min )
    Workers Start Strike Against General Motors in Canada
    About 4,300 workers in Canada went on strike against General Motors there after a tentative deal fell through.  ( 17 min )
    Why Does Inflation Increase With GDP Growth?
    Examine the relationship between inflation and GDP, learn why GDP growth leads to higher prices and understand the effects of uncontrolled inflation and GDP growth.  ( 23 min )
    Universal Service Fund Definition
    The Universal Service Fund was set up to increase access to telecommunications services for all Americans across the country.  ( 26 min )
    Entrepreneurs and Entrepreneurship: Definitions and Examples
    Defining an entrepreneur is difficult, as there is no one-size-fits-all description, and people become entrepreneurs in different ways.  ( 24 min )
    What's the difference between exchange traded funds (ETFs) and closed-end funds?
    Understand the difference between exchange-traded funds and closed-end funds, and learn how investors can use each to meet investment objectives.  ( 21 min )
    Nasdaq 100 Index: What It Is, How It's Weighted and Traded
    The Nasdaq 100 Index Includes Companies From Various Sectors Except for Companies in the Financial Sector. Discover More About the Nasdaq 100.  ( 24 min )
    What Happens to Bitcoin After All 21 Million Are Mined?
    Bitcoin, the first and most popular cryptocurrency, is finite. What happens when it reaches its total maximum supply of 21 million bitcoins?  ( 24 min )
    Who Is Isabella Guzman? What Is Her Role at the SBA?
    Isabella Guzman is the administrator of the Small Business Administration and was Director of the California Office of the Small Business Advocate.  ( 22 min )
    5 Things to Know Before Markets Open
    Workers at General Motors plants in Canada go on strike and PepsiCo shares rise as the snack maker raises its full-year outlook after reporting higher revenues. Here’s what investors need to know today.  ( 19 min )
    A Double Undergrad Can Cost You Your MBA
    College is expensive, and a double undergraduate major can leave you too tired to get a graduate degree. Learn if an undergraduate degree is right for you.  ( 24 min )
  • Open

    ‘There’s Good Value in the Market Now’: J.P. Morgan Suggests 2 Stocks With up to 80% Upside Potential
    After most of the year saw the stock market on the rise, the markets are going through a volatile period. J.P. Morgan’s U.S. Head of Investment Strategy Jacob Manoukian claims each such period has its own unique character and this one has been defined by U.S. Treasury yields. Last week, interest rates on 10-year U.S. government debt climbed to 4.88%, amounting to a 16-year high, before pulling back to 4.65%. “Treasury yields are like the foundation that the rest of financial markets are built on  ( 36 min )
    Stocks stall, bonds gain on Middle East tension: Markets Wrap
    (Bloomberg) -- Asian stocks rose to follow Wall Street higher after traders scaled back wagers on Federal Reserve rate hikes, with expectations of further China stimulus helping drive gains. Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowChina Mulls New Stimulus, Higher Defic  ( 34 min )
    Dow Jones Futures: Market Rally Hits Resistance; Tesla, Nvidia Lead New Buys
    No content preview
    Two Highflying Tech Stocks, After Already Tripling This Year, Just Cleared New Buy Points On Artificial Intelligence Hype
    No content preview
    Stocks Have Ample Reasons to Fall. Why They’re Taking Off Instead.
    Stocks are rising despite war in the Middle East, confounding economic data, and a House of Representatives without a speaker.  ( 23 min )
    Google’s Pichai Decried Bad ‘Optics’ of Search Engine Deal With Apple
    (Bloomberg) -- Google’s Sundar Pichai raised concerns years before he became the company’s chief executive officer that its deal with Apple Inc. had bad “optics” because there was no choice of which search engine to use in the company’s web browser.Most Read from BloombergIsrael Latest: US Wants Qatar to Be an Intermediary With HamasIsrael Latest: Top US General Warns Iran to Stay Out of ConflictHamas Got Around Israel’s Surveillance Prowess by Going DarkAfghanistan’s Viral Supercar Makes Global  ( 34 min )
    Warren Buffett and Charlie Munger's deputy just revealed how he wowed the investing icons and landed his dream job
    Todd Combs won over Charlie Munger with his broad knowledge and way of thinking, and impressed Warren Buffett with his deep understanding of stocks.  ( 34 min )
    WW Stock Soars To High. New Weight-Loss Drug Play Enjoys Oprah Winfrey Effect.
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    Ellison Detailed Alameda's Shaky Finances
    Caroline Ellison spent Tuesday afternoon describing a series of back-and-forth discussions between her and FTX founder Sam Bankman-Fried about the precarious financial situation of Alameda Research. In spreadsheets and Google Docs, Ellison, former CEO of Alameda, analyzed Alameda’s shaky finances w  ( 22 min )
    Buying a New Tesla? How You Could Save $15,000.
    The IRS is transferring the $7,500 EV purchase tax credit to dealers after this year. And states are offering big savings, too.  ( 20 min )
    Sales Slow at Louis Vuitton’s Owner as China Sputters
    LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s pandemic restrictions.  ( 29 min )
    LVMH’s Sales Fall Short of Forecasts. Luxury Demand Is Slowing.
    Sales growth decelerated across most of LVMH's business segments.  ( 17 min )
    Ellison Worried About Alameda’s Line of Credit With FTX Showing Up in Audit
    Caroline Ellison said she raised concerns about Alameda Research’s line of credit on FTX to the exchange’s founder Sam Bankman-Fried in 2022, prior to the bankruptcy. At the time, FTX was conducting an audit of its finances to appeal to potential investors. Ellison told the government lawyer that sh  ( 22 min )
    Fed Rate-Hike Odds Dive Ahead Of CPI Inflation Data; 10-Year Treasury Yield Falls
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    Elite investor Jim Rogers rings the alarm on US debt and dollar dominance - and warns of bubbles in stocks and real estate
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    Boeing MAX Production Misses Estimates. So Why Is the Stock Up?
    Boeing delivered 105 jets in the third quarter including 69 MAX jets. Wall Street was looking for 118 jets delivered including about 77 MAX jets.  ( 17 min )
    Stocks Have Ample Reasons to Fall. Why They’re Taking Off Instead.
    Stocks are rising despite war in the Middle East, confounding economic data, and a House of Representatives without a speaker.  ( 23 min )
    Fed, Rising Energy Costs Pressure Stocks
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    You Could Save $15,000 on a New Tesla. EV Tax Credits Are How.
    The IRS is transferring the $7,500 EV purchase tax credit to dealers after this year. And states are offering big savings, too.  ( 18 min )
    Groupon Stock Plunges as Valuation of Stake in SumUp Falls by Half
    Groupon, which has said it may not be able to survive as a going concern, sold part of its holding in the payment business SumUp for less than half of expectations.  ( 20 min )
    BlackRock warns the worst US bond rout in history is far from over
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    Bonds aren't 'out of the woods yet' — and that could mean trouble for stocks
    Sofi's head of investment strategy thinks a hot inflation report could spook bond investors and halt the fixed income rally.  ( 33 min )
    30-Year Mortgage Rates Spike to Another Record High
    Rates on 30-year mortgages jumped two-tenths of a percentage point to set yet another 23-year record high. It's the fourth record peak registered in just over a week.  ( 19 min )
    Truist Stock Pops on Reported Insurance Business Sale. Why It’s Still a Buy.
    Truist stock was getting a lift from the reports, which hint at the business simplification that is central to the bull case.  ( 18 min )
    Market Update: HD
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    Real estate groups implore the Fed to stop rate hikes as housing activity deteriorates
    The Mortgage Bankers Association, the National Association of Realtors, and the National Association of Home Builders sent a letter to Fed Chair Powell.  ( 34 min )
    Sam Bankman-Fried’s ex-girlfriend to testify as star prosecution witness
    FTX founder’s ex-girlfriend cut a deal with prosecutors in 2022 while co-founder Gary Wang will also testify  ( 32 min )
    Tech Giant NVIDIA Embraced Remote Work. It's Worth $1 Trillion.
    Silicon Valley tech darling NVIDIA, a chip and graphics hardware manufacturer whose products power much of the artificial intelligence boom, named the latest addition to its $902 million headquarters Voyager, in reference to a “Star Trek” spaceship. As one of the world’s biggest tech companies, this decision to embrace — not just allow, but fully institute — the flexibility of remote work while maintaining top-tier offices for collaboration and meetings “creates a pretty meaningful talent advantage,” argues Rob Sadow, CEO and co-founder of Scoop Technologies, which sells an app focused on hybrid office productivity (and which does not work with NVIDIA). It also sets a standard, despite pandemic-era pullbacks and property sales, since tech still represents a significant portion of overall office leasing.  ( 37 min )
    FTX Employees Found Alameda’s Secret Backdoor Months Before Collapse
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    AMD to acquire AI software startup in effort to catch Nvidia
    AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to catch rival chipmaker Nvidia, Advanced Micro Devices plans to invest heavily in the critical software necessary for the company's advanced AI chips. Through more than a decade of work, Nvidia has built a powerful advantage in the AI chip market through the software it makes, and the software developer ecosystem.  ( 32 min )
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    Honeywell to realign business segments to boost growth
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    Sam Bankman-Fried directed fraud on FTX customers, Caroline Ellison tells jury
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  • Open

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    Microsoft and Alphabet's Google Introduce New AI Initiatives for the Health Care Industry
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    Amazon Looks to Cash In On Holiday Spending, But It's Not The Only Sale In Town
    Amazon kicked off the Prime Big Deal Days event to get customers to open up their wallets for early holiday spending, but history suggests that this sequel is unlikely to break the sales record set by Prime Day in July.  ( 1 min )
    AMD To Acquire Nod.AI, Boosting Its Open-Source AI Software Capabilities
    Chipmaker AMD announced it will boost its AI-related offerings with the purchase of Nod.AI, an open-source artificial intelligence (AI) software startup.  ( 1 min )
    PepsiCo Beats Profit and Sales Estimates and Boosts Its Outlook on Higher Prices
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    Workers Start Strike Against General Motors in Canada
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  • Open

    S&P 500 Gains and Losses Today: Index Advances Amid Optimistic Rate Outlook
    The S&P 500 gained 0.5% on Tuesday, Oct. 10, 2023, following suggestions that the Fed may adopt a more cautious approach to raising interest rates.  ( 1 min )
    Conflict, Fed Speak Help Drive Down Treasury Yields
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    Markets Gain at Midday Amid Optimism About Future Fed Moves
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    Dow Jones Today: Futures Mixed, Bond Yields Fall Amid Search for Save Havens
    U.S. stock futures were little changed in premarket trading Tuesday as Treasury yields sank amid a search for safe-haven assets following the onset of fighting in Israel and Gaza Saturday morning.  ( 1 min )
    5 Things to Know Before Markets Open
    Workers at General Motors plants in Canada go on strike and PepsiCo shares rise as the snack maker raises its full-year outlook after reporting higher revenues. Here’s what investors need to know today.  ( 1 min )
  • Open

    Werknemer die verlofdagen moet inzetten na verlies dierbare is kritischer op baas
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    Van der Valk zet in op donuts en neemt 76 zaken van Dunkin' over
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    NU+ | AI maakt nu ook oude schoolfoto's: 'Een onschuldige vorm van narcisme'
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    Wéér een lek in een gaspijpleiding, Finland vermoedt 'activiteit van buitenaf'
    Een zondag ontdekt gat in een gaspijpleiding tussen Finland en Estland is volgens de Finse president Sauli Niinistö waarschijnlijk het gevolg van "activiteit van buitenaf". Hij benadrukt dat de oorzaak van het lek nog onduidelijk is.  ( 9 min )
    Kabinet gaat in Brussel niet voor of tegen onkruidverdelger glyfosaat stemmen
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    Energiecontracten mogen ook in de toekomst nog aan de deur worden verkocht
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    Slaaptrein is inmiddels lang genoeg om door te rijden tot aan Praag
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    Malafide uitzendbureaus voortaan hard aangepakt: 'Nederland onwaardig'
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    Onderwijsminister kritisch op gebrekkige stagevergoedingen in onderwijs en zorg
    Demissionair minister Robbert Dijkgraaf (Onderwijs) vindt dat alle hbo-studenten een "passende" stagevergoeding verdienen. Nu zijn ruim vier van de vijf onderwijsstages nog onbetaald, blijkt uit onderzoek onder zo'n zeventienhonderd studenten.  ( 9 min )
    IMF ziet economische groei in Nederland afremmen, terwijl inflatie hoog blijft
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    IMF: Nederlandse economie komt bijna tot stilstand, terwijl inflatie hoog blijft
    De economische groei van Nederland en meerdere andere Europese landen komt bijna tot stilstand, voorspelt het Internationaal Monetair Fonds (IMF). De prijzen voor consumenten blijven waarschijnlijk nog een tijd behoorlijk stijgen.  ( 10 min )
2023-11-08T20:12:39.575Z osmosfeed 1.15.1